You don’t need to give people a living wage. The younger generations just need a smartphone to be happy.
Seriously though, human kind has survived many industrialized revolutions over the years. This is just another one. The older people will age and leave the workforce and the younger generations have been immersed in technology and machines their entire lives. To them, this is normal. They are growing up in a world with robot vacuum cleaners, refrigerators with integrated wifi and camera, and portable computers in their pockets. Ever notice the people that freak out the most are the older people that see this evolution as an attack on everything they have ever known. It’s like the alarmists that believed the world was flat and you can’t venture out too far or you will fall off the world.
Funny thing. I’m 35 and my wife’s younger cousin (21) was over at the house. He went to go get a drink and did not know how to get the ice out of the ice cube trays. He has grown up his entire life with a ice maker in the door of his refrigerator. The younger generations have grown up in different times.
My 6 month old daughter, I am actively thinking about her future. Her mom says she can do what ever she wants. I just hope she likes robotics engineering.
The further we get into technology, we are only one solar flare or EMP attack away from the good ol days again.