Image Credit: Miso Robotics
There are growing calls to raise the minimum wage in the United States. While most arguments favor an increase to help workers, missing from the debate is that raising the minimum wage would also accelerate digital transformation in many industries. In particular, higher minimum wages would force many businesses with low-wage workers to consider how they can leverage emerging technologies like artificial intelligence (AI) to increase productivity. And faster adoption of AI will help the United States stay competitive as China seeks to challenge its lead in the global AI race.