00:00The share of private sector workers that are represented by a union is lower now than it was
00:05in the 1930s before the National Labor Relations Act was passed, meaning that employers have been
00:10so successful at weakening the law's protections for workers to organize in a union, it's as if it
00:16doesn't exist anymore. It's hard for people to conceive in 2026 that their labor market
00:22regulations looks closer to 1926 than 1976. We live in a world where the minimum wage hasn't
00:28been raised in 15 years, voted on 17 years ago. We used to have overtime protections for two-thirds
00:34of salary workers. It fell to less than 10%. We shouldn't be working as long as we do. We
00:40shouldn't be earning as little money as we do, and we shouldn't have as little power as we currently
00:44have. The laws that protected us have been eroded. If you want AI job loss to be less scary,
00:50you would give workers protection.
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