True. In addition to assuming the amount of work is constant, it assumes the amount each individual should work is constant. If their fears come true and we somehow do progress to the point where we have half the amount of work to be done, why have half the people unemployed while the other half do the share of two people?
During the Industrial Revolution we transitioned to a 40 hour 5-day week as being the standard. Why couldn't we transition to something else in response to this or a future technological revolution, perhaps at first a 32 or 36 hour 4-day week? This would make a 3-day weekend possible and also save on gasoline.
During the Industrial Revolution we transitioned to a 40 hour 5-day week as being the standard. Why couldn't we transition to something else in response to this or a future technological revolution, perhaps at first a 32 or 36 hour 4-day week? This would make a 3-day weekend possible and also save on gasoline.