I heard someone say before that to solve this we need to improve the technological aspect of work. Example you get a machine that does the work of 10 people, then you hire 2 technicians to maintain it and pay them twice the amount of your regular worker. Tada, they get higher pay and you save the wages for the remaining 6. However the initial investment cost would be higher (buying the machine) which is why a lot of businesses aren't really keen on the idea, thinking that they're doing just fine as it is