“Productivity dividend” required to distribute wealth

The Maritime Union has called for a “productivity dividend” from employers to spread the wealth created by new technology in the workplace.

Maritime Union of New Zealand General Secretary Trevor Hanson says that the growing use of automated technology in the workplace could have harmful effects in a recession unless the profits were shared.

He says that unless the productivity gains of new technologies are distributed throughout society, especially to displaced workers, it would result in social catastrophe.

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