From: petertrei@gmail.com   
      
   On 11/21/2025 5:05 PM, Scott Dorsey wrote:   
   > Ted Nolan   wrote:   
   >> https://fortune.com/2025/11/20/elon-musk-tesla-ai-work-option   
   l-money-irrelevant/   
   >>   
   >> 	Elon Musk says that in 10 to 20 years, work will be optional   
   >> 	and money will be irrelevant thanks to AI and robotics.   
   >   
   > Folks have been predicting this since the age of the steam engine,   
   > have they not?   
      
   Don't know about the steam engine, but this kind of prediction goes back   
   nearly 100 years.   
      
   In 1930, John Maynard Keynes suggested we'd have a 15 hour work week by   
   2030.   
      
   The average work week has declined - 60 hours in 1900 has become about   
   34 now. A big step was Ford introducing a 40 hour week in 1926.   
      
   But there are problems too.   
      
   Particularly since 1980, US productivity has grown by 87%, while   
   median hourly wages have risen only 33%, accounting for inflation.   
      
   https://www.epi.org/productivity-pay-gap/   
      
   The extra value created has gone to the investor class, rather   
   than workers. Had it been spread more evenly, we could be approaching   
   Keynes prediction, right on schedule.   
      
   pt   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)