Bill Gates says a 3-day work week where ‘machines can make all the food and stuff’ isn’t a bad idea::“A society where you only have to work three days a week, that’s probably OK,” Bill Gates said.
Bill Gates says a 3-day work week where ‘machines can make all the food and stuff’ isn’t a bad idea::“A society where you only have to work three days a week, that’s probably OK,” Bill Gates said.
You should get 33% more pay as the full work force productivity would be 4/3 of the original in your example.
This difference might be clearer with an example where only half of the work force is required to match the original productivity. In this case, if the full work force continues to work, productivity is presumably doubled. That’s not a 50% increase. It’s 200% of the original or a 100% increase. So the trade-off should be between 50% fewer working hours and 100% more pay.
Of course, instead you’ll work the same hours for the same pay and some shareholders pocket that 100% difference.