Submitted by mjrossman t3_11ws42u in Futurology
mjrossman OP t1_jd167w5 wrote
Reply to comment by CabinetDear3035 in AI displacing jobs is a red herring, how we self-organize is the more fundamental trend by mjrossman
rational market actors recognize their own worth. either they're underpaid by the company and should become independent, or they're overpaid and are insulated from competing in the open market. in either case, the tragedy of the commons is that all firms compete to the extent that they can dispose of their profit margin, and ultimately the end consumer benefits from commodification.
OTOH, with respect to artisanal goods & services, it makes further sense for employees to not be commodified as labor by a larger firm if they're artisans. they should compete in their niche market. but that is not an acceptance that the larger public market should be captive to a firm, even if that firm sets a less efficient, higher price to offset the employment of commodified labor.
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