Labor/Employment
Feb. 5, 2015
Protect the value of human assets
The sustained automation of low- and middle-income wage jobs has given rise to a tension between the regulation of employment and technological innovation.
John S. Claassen
Claassen, Professional Corporation
1261 Locust St. C26
Walnut Creek , CA
Email: john@cmpc.law
The sustained automation of low- and middle-income wage jobs has given rise to a tension between the regulation of employment and technological innovation.
Bill Gates, speaking to MSNBC, reminded us of this tension late last month when he came out against raising the federal minimum wage: "If you raise the minimum wage, you're encouraging labor substitution, and you're going to go buy machines and automate things." The notion that a minimum wage increase alone can promote automati...
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