Very well said, and the last sentence is key for the future of society in my opinion.
Given your statement regarding wages and productivity - typically the two are used interchangeably in economic conversations / calculations. I wonder if we will start to see those split more to account for the contributions of technology / capital to "productivity". Direct wages would be divided by a combination of societal value + economic value to calculate actual productivity. Perhaps somebody should create the indicator and take home a Nobel or something hehe.
Given your statement regarding wages and productivity - typically the two are used interchangeably in economic conversations / calculations. I wonder if we will start to see those split more to account for the contributions of technology / capital to "productivity". Direct wages would be divided by a combination of societal value + economic value to calculate actual productivity. Perhaps somebody should create the indicator and take home a Nobel or something hehe.