Comment on If Amazon is the future of work, then be afraidparentComments−toomuchtodo13yAnd the only solution is regulation. Minimum wage too low? Raise it.If Amazon wants to be efficient, it can be on the back of its margins, not at the expense of humans.EDIT: Ran into this on reddit, thought it was very timely:"Sorry, It's Not A 'Law Of Capitalism' That You Pay Your Employees As Little As Possible"http://www.businessinsider.com/companies-need-to-pay-people-...−icebraining13yOr, they'll just accelerate the automation plans they're already pursuing, and simply fire people. What good is an higher wage, if you're unable to get a job?−toomuchtodo13yWhat good is automation if your customers don't have any money?−tjdetwiler13yAmazon... what margins?
Comments
And the only solution is regulation. Minimum wage too low? Raise it.
If Amazon wants to be efficient, it can be on the back of its margins, not at the expense of humans.
EDIT: Ran into this on reddit, thought it was very timely:
"Sorry, It's Not A 'Law Of Capitalism' That You Pay Your Employees As Little As Possible"
http://www.businessinsider.com/companies-need-to-pay-people-...
Or, they'll just accelerate the automation plans they're already pursuing, and simply fire people. What good is an higher wage, if you're unable to get a job?
What good is automation if your customers don't have any money?
Amazon... what margins?