Most organizations do a completely hopeless job of implementing compliance sensibly. Those responsible for compliance tend to choose a solution that's scalable for them with zero regard for the inefficiencies they're introducing elsewhere in the organization.
Solving compliance sensibly provides organizations with a substantial, long-term competitive advantage. Nobody working in compliance seems to care.
"I'm not saying you're self-censoring; I'm sure you believe everything you're saying. What I'm saying is that if you believed something different you wouldn't be sitting where you're sitting."
> In capitalism, the answer is price discovery, and for that to work, everyone has to participate in the market.
This is precisely what I'm getting at. We've built a system on the assumption of a forty-hour full-time work week, with a goal of minimizing unemployment and (recently) maximizing labor market participation. We did this because we need participation in the market for effective resource distribution.
What happens when our economy simply does not need that much labor to produce all the economic output we want? Do we force people to continue participating in the labor market in makework jobs just so that they can have access to resources? To what extent are we already doing this?
Post-scarcity is often talked about in binary terms. We've either reached post-scarcity or we haven't.
I believe the transition to post-scarcity will be gradual, that it will happen faster in some sectors of society than others, and that this process may take multiple generations to complete. This has been the case with every other major economic shift, why would it not be the case with post-scarcity?
If this is how the transition to post-scarcity occurs, societies will eventually hit a point at which many people still need to work to produce our economic output, but far fewer than currently do. How will our economic system handle that situation? The selling of labor is the primary mechanism by which we distribute resources, but if we get to a point where only 20% of the adult population are needed in the labor force then how do we distribute resources to the remaining 80%?
Now, where things get really interesting is that "needed in the labor force" is not a binary thing, either. What if there's a big slice of the population from whom we only need five hours of labor a week? And they coexist alongside another slice of the population from whom we need forty hours of labor a week?
Most organizations do a completely hopeless job of implementing compliance sensibly. Those responsible for compliance tend to choose a solution that's scalable for them with zero regard for the inefficiencies they're introducing elsewhere in the organization.
Solving compliance sensibly provides organizations with a substantial, long-term competitive advantage. Nobody working in compliance seems to care.