You are ignoring the other side of the equation. Publicly owned corporations have a duty to their shareholders to make a reasonable return on their investment. Otherwise the stock tanks, the company goes belly up and poof, there goes all the jobs. To the extent that technology can be used to reduce the cost of production goods and services, eventually, the market will demand it.

Protection designed to shield workers from this shift has the paradoxical effect of accelerating the move toward automation because as the cost of human labor is increasing, the cost of machine labor is decreasing. This makes human workers less and less competitive over time.

Technology enabled replacement of human labor requires a paradigm shift in how we value human contribution to society. We must stop measuring value by the number of dollars we can contractually or legally force employers to pay humans because eventually that house of cards will fall.

Something like Andrew Yang’s universal basic income has be established in order to avoid catastrophic economic consequences due to demand destruction that will otherwise occur.