Companies must increase wages because current pay rates in fast food are effectively poverty-level.

“these companies got to start paying people actual money that doesn't mean everyone will want to work when there is actual money either by the way but they do have to start uh raising wages to lure people back to the market it's already happening and that's a good thing that's a good thing truly I do”

Increasing wages and implementing universal workplace protections would improve labor conditions for all workers and prevent the exploitation that currently suppresses wages.

“it would genuinely improve all labor in this country but as it stands the way we operate we have a constant depressive force on wages an endless talent pool that refreshes through incredibly violent means violent means such as deportation”

Economic growth in the last decade has been better than in the previous forty years because of a tight labor market following the pandemic.

“So, what's interesting is that actually we've had better wage growth in the last 10 years than we had in the 40 years prior.”

David Shor argues that the American public is highly skeptical that AI will create enough new jobs and is deeply worried about the prospect of mass unemployment.

“if you go and you say, "Oh, how much do you trust the statement that AI is going to create lots of new jobs?" I think it's something like minus 40.”

Byrne Hobart posits that AI will increase average compensation for many careers while simultaneously causing median compensation in those industries to fall as many workers are displaced.

“for most of the careers people worry about, the average like the mean compensation goes up, the median compensation of people who are in that industry right now, the median compensation they get from being in that industry probably goes down where a lot of people get washed out.”