something something you're paid the amount the market values your work, which in today's job market is an order of magnitude less than the profit you bring the company
So many claims about how it would lead to far better lives for everyone, but the working conditions and general affordability have basically gone down for 40 years. Imagine bringing back the white collar work in the 80s, with a private office with a door, and people whose jobs were to help coordinate and schedule things even if you weren't an exec, instead of you just having a phone to answer all hours of the day.
Then why have we not all been fired already? Sounds like an instant win.
(Has there actually been a lot of terminations in the US tech industry, or is that an odd biasing mechanism causing me to see such things as bigger than they are?)