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posted by martyb on Monday October 14 2019, @02:56PM   Printer-friendly
from the wages-vs-prices dept.

Arthur T Knackerbracket has found the following story:

Billionaire Jack Ma, long an outspoken advocate for China's extreme work culture, says that people should be able to work just 12 hours a week with the benefits of artificial intelligence.

People could work as little as three days a week, four hours a day with the help of technology advances and a reform in education systems, the Alibaba Group Holding Ltd. co-founder said at the World Artificial Intelligence Conference in Shanghai Thursday. He spoke on-stage with Elon Musk, the chief executive officer of Tesla Inc. who is building manufacturing facilities in the city.

[...] Just this year, Ma endorsed the China tech sector's infamous 12-hours-a-day, six-days-a-week routine, so common it earned the moniker 996. In one blog post, China's richest man this year dismissed people who expect a typical eight-hour office lifestyle, defying a growing popular backlash.

"I don't worry about jobs," Ma said on Thursday, making an optimistic case that AI will help humans rather than just eliminate their work. "Computers only have chips, men have the heart. It's the heart where the wisdom comes from."

-- submitted from IRC


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  • (Score: 5, Informative) by i286NiNJA on Monday October 14 2019, @05:31PM (5 children)

    by i286NiNJA (2768) on Monday October 14 2019, @05:31PM (#907045)

    This is the kind of crap advice I hear from wendys managers who make 35k when they're trying to dupe shift scrubs who make 15k

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  • (Score: -1, Offtopic) by Anonymous Coward on Monday October 14 2019, @05:44PM (1 child)

    by Anonymous Coward on Monday October 14 2019, @05:44PM (#907055)

    Really? Wendy's managers are discussing FASAB 56 with their employees? Do you have a source for this ever happening once?

    • (Score: 1) by khallow on Monday October 14 2019, @11:42PM

      by khallow (3766) Subscriber Badge on Monday October 14 2019, @11:42PM (#907172) Journal
      I heard it on the internet. It must be true.
  • (Score: 2) by Runaway1956 on Monday October 14 2019, @06:39PM (2 children)

    by Runaway1956 (2926) Subscriber Badge on Monday October 14 2019, @06:39PM (#907081) Homepage Journal

    Exploitative managers may over state the case - but there is truth in what GP says. My first year out of high school, I learned that working sixty hours could mean less take-home pay than working forty hours. The sweet spot was 50 hours, and every hour over 50 meant a small cut in take-home, until 59, when the take-home nose dived.

    I later learned that you got a big chunk of that missing money back when you filed your tax returns, but it definitely feels like a loss from week to week.

    Over the years, that sweet spot has fluctuated a little, but I'll bet if you experiment, it's still pretty close to fifty hours.

    --
    Abortion is the number one killed of children in the United States.
    • (Score: 2, Informative) by Anonymous Coward on Tuesday October 15 2019, @02:29AM

      by Anonymous Coward on Tuesday October 15 2019, @02:29AM (#907218)

      Not sure about your country/state but that's not how the federal tax code works in the U.S.

      Only what you make over a given tax bracket gets taxed at the higher rate, the tax rate of your entire income does not increase.

      only what you

    • (Score: 2) by Runaway1956 on Tuesday October 15 2019, @02:17PM

      by Runaway1956 (2926) Subscriber Badge on Tuesday October 15 2019, @02:17PM (#907364) Homepage Journal

      I have to correct myself. Where I wrote "forty" up there, should be "fifty". That is, working sixty hours, you can find your take-home being less than it was at fifty.

      Mis-spoke, and mis-typed all at the same time. I've never worked overtime, and taken home less pay than I would have taken home at forty hours. And, I spent a couple hours off and on, wondering if I said what I meant to say, LOL.

      --
      Abortion is the number one killed of children in the United States.