Comment by rileymat2
8 hours ago
Unless the method of increasing productivity increases it disproportionately for you or you find a way to outcompete in productivity gains, I am not sure that ever happens.
Edit: To put a finer point on this, generally,employed people don't get paid more for the excess value they produce, they get paid more for for the delta in perceived value between them and the next best option to fill the position (on a grand statistical scale for careers).
* There are exceptions to this in the form of commission based jobs.
That goes for everything, you wont take a job that pays much less than the other jobs you can get, customers do the same with products they buy. In the end just a few percent go to profits for most companies, extremely few companies pay out more profits than they pay in salaries.
So all that productivity increase didn't result in higher profits either, end users mostly captured it by getting a lot of free services that previously used to cost money. International communication used to be extremely expensive but today I exchange hundreds of messages with people across the sea daily for almost nothing.
In a competitive environment, yes.
But, tech has been particularly monopolistic/duopolistic and anticompetitive in a lot of different ways. Avoiding being treated as a commodity the same way many of the employees of those companies have.