The minimum wage is currently non-binding due to market wages being drastically above it. About 85k total people make it in the US.

The graphs are made based off lived experiences.

Real wages are already adjusted for prices.

About 60% of the difference in per capital spending is Americans consuming more Healthcare services and most of the rest is Baumol effects.

The 1/3rd rule is based off gross pay.

262k being three times housing costs would mean you need an income of 262k to keep under 1/3rd of your monthly paycheck based on the traditional 1/3rd rule.

Doing waterfall but for what can be done in a week is pretty much Agile.

Getting paid a dollar per survey and churning through surveys as fast as possible most likely.

Labor saving devices are responsible for pretty much all wage and benefit growth labor has ever recieved.

Capitalism looks a lot like people forming building companies to make money building houses.

Opposing.

I agree with the last bit at least. AI is an ocean wave compared to the tsunami that was the industrial revolution.

A lot of human labor will be required over every time horizon. The question of what labor will look like and the effects of that are the exact same ones we dealt with with every previous wave of automation technology.

The jobs in the textile factories were created via the mechanical loom "taking" the "better" guild weaver jobs with the aim of taking all the "boom" jobs as well, but much like AI, productivity enhancing tools increase aggregate demand for labor and lead to higher employment and wages.

That's not a different context than any other previous form of mechanization or automation.

Labor organizing and industrial reform are direct effects of increased productivity through industrialization and automation and could not exist without them.

Having children decreases with increased wages because the opportunity cost of having children increases with the foregone wages.

40k is the median for everyone over 15 regardless of hours worked or employment. Median for workers is over 50k and the median for full time workers is over 60k.

About 5% of workers work more than one job. If everyone you know has multiple jobs you're in a very weird bubble.

The time spent on housework has declined significantly over time even with higher cleanliness standards.

we kicked starvation's ass so hard we had to burn billions of calories to invent a drug to help us starve a little bit! We accepted fire from prometheus and used it to build an armored division to conquer Olympus! we should be celebrating and distributing the loot, not romanticizing the cold!

With enough solar deployment E-Fuels start becoming feasible. Doesn't help for the current self inflicted crisis but will become increasingly feasible over the long term.

Peak Oil rapidly shifted from being a supply side phenomenon to a demand side phenomenon due to breakthroughs in renewables.

She does that in the link you posted when she denies leisure time has increased due to productivity.

"Social and political changes" are second order effects of productivity increases and only possible through increased productivity.

No, people are dunking on it because the thesis is absolutely wrong.

In the 1960s workers worked ~400 more hours a year than they do today due to automation and productivity.

No one is projecting anything onto it. They are responding directly to the claims made in the post.

If you source walk this claim, it eventually goes back to a cite to a supposed preprint paper that there are no existing copies of, does not appear on it's purported authors CV, and whose purported author's other work estimates about 320 working days a year for those peasants.

Yeah, turns out income effects and substitution effects tend to about equal so increased productivity manifests more in incomes increasing rather than decreased hours.

Tha ks for confirming you think the world is better off when millions of Africans needlessly starve to death and die of easily treatable diseases.