Technology improves we work more.

[bigmelons25]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

[1714062771]

1714062771

[1714062771]

1714062771

[1714062771]

1714062771

[1714062771]

1714062771

[1714062771]

1714062771

[TravelMug]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

Not really sure where you living at but if work has something to do with technology, then the pay should be commensurate on your tech skills so its not lower wages, in my opinion. So if you work longer hours then obviously bigger pay.

So its possible that they can purchase a house of their own. I guess every generation has this mind set and not applicable for millennials alone, I myself was a IT graduate and find good job and nice pay and was able to purchase a house myself.

[bitmover]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

Not really sure where you living at but if work has something to do with technology, then the pay should be commensurate on your tech skills so its not lower wages, in my opinion. So if you work longer hours then obviously bigger pay.

So its possible that they can purchase a house of their own. I guess every generation has this mind set and not applicable for millennials alone, I myself was a IT graduate and find good job and nice pay and was able to purchase a house myself.

Usually people from developing countries, which are not capitalists alt all, blame capitalism for their problems and vote for socialists politicians hoping they will solve their problems.

That cause even more problems, because socialism never worked anywhere. Socialist politicians and policies fuked up my country and many others around Latin America

[avikz]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

This issue is not due to the fault of technology. Nor it is a fault of capitalism. It is mainly because of the increase in educated population. The basic demand and supply rule.

In my country, when my parents got into a job, a normal bachelors degree was considered a great qualification. Now, even post graduation is not sufficient for many low paying jobs.   

I have seen hundreds of Engineers are working in BPO companies because they could not find a job befitting their education.

It is just the supply of qualified manpower has increased as compared to the available opportunities, resulting in decreased payment and increased workload. Simple demand supply rule it is following!

[lunaelucemauram]

I think you got it wrong, yes the wages might be small depending on what country you are in but it should not be blamed to technology. As technology innovate our daily living like in communication and transportation life gets easier but only to those who can afford these technology. The one to blame for the situation is inflation and only this that can be done about it is lower the yearly inflation.

[nl247]

Like you said, technology is just there to make life easier but you also have to understand that it is not technology that will pay your wages as that is totally on your employer and has nothing to do with technology.

I can't believe it can be that bad that if you have a solid skill and a good educational background, you won't be able to find a well paying job. If you know your worth on a normal day, You won't settle for less, unless you are living in a country where the unemployment rate is high.

[pawel7777]

The goal of technology was for everyone to have easier lives and work less.

Wrong. There's no such think as one, common goal of technology. That's just your expectation.

Side note: thanks to feminism, almost half of population (previously not working) progressively entered a job market, driving the wages down and increasing the living costs, making people work longer. Mass immigration has similar effect.

[Oilacris]

Like you said, technology is just there to make life easier but you also have to understand that it is not technology that will pay your wages as that is totally on your employer and has nothing to do with technology.

I can't believe it can be that bad that if you have a solid skill and a good educational background, you won't be able to find a well paying job. If you know your worth on a normal day, You won't settle for less, unless you are living in a country where the unemployment rate is high.

Technology do evolves which would really make our work faster and convenient compared on the past generations and I agree on the thing you do said that technology itself wont really be the one to give us the money to make our daily living.This is why we do end up on working and using up these technologies but somehow when it comes to difficulty i can say that it is way more accessible and convenience into these generations.

[creeps]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

Everything is possible if you believe on it. I personally work as a minimum wage earner and yet I earn enough money for my future simply because I don’t depend on my salary alone, this market helps me to become more financially free. Millennials should know how to invest money so they can have extra profit to use for their future.

[Hydrogen]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.

Technology makes it easier to organize and coordinate. The trouble with that is, the only people who actually use it for that purpose are governments and corporations. The public almost never uses it to inform themselves, organize unions or boycotts or do anything useful.

In this sense, technology gives elites a distinct advantage while not doing as much to empower average or ordinary people.

Something here itsn't right, Capitalism?

The only reason to #BlameCapitalism is if you're unhappy with making your own decisions / owning property & want the government to own and control everything. Blame capitalism is pro totalitarianism. When you eliminate capitalism, totalitarianism and government control is all you have left.

The reason people in cuba build rafts to immigrate into america is so that they might have the freedom to start their own business, own their own property and have basic rights which capitalism grants them. Countries like cuba, north korea and venezuela are where people who hate capitalism should live. Maybe then they might appreciate and be thankful for what they have & not be so quick to support throwing it away.

[Jaycee99]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

Here there is one thing that is not right in this world of technology the kids the new era, the new generation is exposed to much as early as a 4 years old.

Why Am I saying this? Because "some" do not but toys anymore they buy there kids technology and download games for making there kids smart and work out there brain and there eyes and brain that is draining from radiation. For the results your kids as early age may develop a very painful to radiation sickness which can cause damage to early exposure of technology.

Also yes we know that technology is good and helpful but we should know how to use it properly even for aldults.

[prokerduit]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

I really agree with your opinion, more and more graduates are unemployed. and if you already have a job, surely the job has a long time. with the development of technologies such as cryptocurrency, I think this will greatly help one's economy. so they can buy whatever they want.

[onepiece1995]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

yes indeed with today's technology everyone can be helped, but the downside is, someone is getting lazier with others. or rather they will live a monotonous life or be too spoiled. most kids are spoiled children who are spoiled for technology, making them look stupid

[kolbalish]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

Yes, technology is improving day by day. For improving technology, we able to work easily and also it ensure the fastest way. Technology helps us to minimize our pain. It's really great.

[ucingucingan]

along with the development of technology, we are required to be able to master all things about technology precisely in my opinion, technological developments make our lives more practical, than what is usually conventionally done by humans now replaced by machines with better and faster results, but for those who are less understanding their technology, they feel disadvantaged and have to work more than usual

[Dondont]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

Im sure its still possible, be sure and optimistic
But, if we depend on that and all our economic needs with blockchain technology, it cannot be done so real work still needs

[FlamingFingers]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

Not really sure where you living at but if work has something to do with technology, then the pay should be commensurate on your tech skills so its not lower wages, in my opinion. So if you work longer hours then obviously bigger pay.

So its possible that they can purchase a house of their own. I guess every generation has this mind set and not applicable for millennials alone, I myself was a IT graduate and find good job and nice pay and was able to purchase a house myself.

I don't think that's what he meant. He meant that the tools and the way we used to complete jobs have evolved thanks to technology, yet our working hours are still the same and wages are not getting better. For example, we used pens and papers to fill out data (for companies, governments, Public Relations, etc.), we moved to typing machines, then we got computers and laptops. The way we type became better and faster, still wages are the same (if not worse), and it is still from 9–5. Apply this to most jobs and professions nowadays to get the picture.

[ralle14]

The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

In some countries like the US i've heard that this is illegal. I'm not sure if other countries has the same or different set of rules about people getting below minimum wages.

You're right with technology improving but putting the blame on technology because there are people who get paid less by working more isn't right. It can be convenient working with the technology we have now but you can't expect results to always improve.


Also saw this thread that's kind of related to the topic.

[AimHigh]

Yes you are right technoly help for your daily life and giving you and easy day just because of technology just like today bitcoin is a new technology of money or we called digital money and it is improving and updating every single day but we everything have advantages and disadvantages so that always be carefull on what you are entering or joining.

[airdropwwani]

In general, houses are a part of assets, but my country is not necessarily good for owning a home owing to the declining population and earthquake big country.
As you say, technology evolution and capitalism have parts that do not match and part. On the other hand, there are also good aspects. For example, labor productivity has increased and lifespan has increased.