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pftburger | 7 months ago
Marx: workers sell their capacity to work for a fixed period, and any productivity improvements within that time become surplus value captured by capital.
AI tools are just the latest mechanism for extracting more output from the same wage. The real issue isn’t the technology—it’s that employees can’t capture gains from their own efficiency improvements. Until compensation models shift from time-based to outcome-based, every productivity breakthrough just makes us more profitable to employ, not more prosperous ourselves.
It’s the Industrial Revolution all over again and we’re the Luddites
kinghajj|7 months ago
Not quite right. Total Value remains the same before and after increase in productivity, assuming the labor force remains constant. But more use-value is created in the same period of time.
At the beginning, this is good for the employer, because the new socially necessary labor time has not been internalized, so the output can be sold for a price corresponding to its old Value. Maybe a bit less, to undercut competitors.
Eventually though, as competition adopts the new technique, everyone attempts to undercut each other’s prices, adjusting until prices correspond to the new Value.
dragonwriter|7 months ago
So, they also benefit developers that become solopreneurs.
So they increase the next-best alternative for developers compared to work as employees.
What happens when you improve the next-best alternative?
> AI tools are just the latest mechanism for extracting more output from the same wage.
The whole history of software development has been rapid introduction of additional automation (because no field has been more the focus of software development than itself), and looking at the history of developer salaries, that has not been a process of "extracting more output from the same wage". Yes, output per $ wage has gone up, but real wages per hour or day worked for developers have also gone up, and done so faster than wages across the economy generally. It is true and problematic that the degree of capitalism in the structure of the modern mixed economy means that the gains of productivity go disproportionately to capital, but it is simply false to say that they go exclusively to capital across the board, and it is particularly easy to see that this has specifically been false in the case of productivity gains from further automation in software development.
Herring|7 months ago
Eventually they will be forced to care when things get bad enough -- and it's definitely trending that way fast [1]. But not today and not tomorrow.
[1] https://data.worldhappiness.report/chart