The question is why we have to work 8h a day to begin with. Or why we don't earn more.
If productivity goes up, something has to give. We either work less or we earn more.
If productivity goes up and we work the same amount of time for the same amount of money (and let's not kid ourselves, if anything we'll end up working more time for less money), the social contract has been broken.
I don't care how rich some outlier becomes, so long as it isn't at the sacrifice of our own self-actualisation. But that is exactly what is (and has been since the 70s) occurring. That trend is unlikely to reverse and it won't lead anywhere good.
If productivity goes up, something has to give. We either work less or we earn more.
If productivity goes up and we work the same amount of time for the same amount of money (and let's not kid ourselves, if anything we'll end up working more time for less money), the social contract has been broken.
I don't care how rich some outlier becomes, so long as it isn't at the sacrifice of our own self-actualisation. But that is exactly what is (and has been since the 70s) occurring. That trend is unlikely to reverse and it won't lead anywhere good.