Absolutely! When the "free market" operates without transparency, it's not truly free.

But I think this problem is being complicated by an even larger one.

Imagine the following salary report...

Annual Total Cost: Job Class = Financial Analyst

Samuel B - $110,000

Edith J - 88,000

Malik A - 82,000

Certainly, either Edith or Malik may feel they are not being compensated fairly. They can argue with management and HR about the subjective difference between their value to the organization and Samual's but it's ultimately subjective.

Let's add a new worker to the mix.

"TechSol 2 " - $34,000 (declining at a 20% rate per yr.) ...an AI instance running on robust cloud computer.

"TechSol 2 " represents an average savings of over $59,000 per worker per year.

Once the cost of employing a machine in a particular job class drops below the average cost of employing a human the party is over. The jobs don't disappear, it's just that humans no longer receive the income. The increased profit drives greater wealth inequality moving society further and further toward instability.

Of course, Sam, Edith, or Malik may have the skills and ambition to become the human providing needed oversight of 100 machine workers. Perhaps even commanding a salary of $250,000 per year. But, even after paying that salary, the company is ahead by just under $6 Million per year. And there are 99 former financial analysts added to the ranks of the under-employed.

This is the transformative socioeconomic dynamic of the 21st Century. Someone should write a play about it :)