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Dan8267 says

Strategist says

Sooner or later all jobs requiring no thinking will be replaced by technology. If you raise the minimum wage too high, too quickly, you end up speeding up the inevitable.

As long as we socialize the profits of automation, that's a good thing. The only bad thing is allowing a few "owner" to get all the profits of automation, especially when those owners didn't contribute anything to the building of the automation. They designed no circuits, wrote no software, built no robots, fabricated no chips.

Progressive taxation does just that. A 7 year old orphan should and is provided with all the basic needs including education and healthcare. That money mostly comes from those who make the most. A 7 year old orphan in an African country gets literally nothing.
We all benefit with a good economy and an economic system that produces wealth.