If your business (including your startup) relies on paying sub-market wages, that's a "you" problem. You're not entitled to underpay employees because your business can't survive if you don't.
I see this with startups all the time. Cofounders get 30-50% equity with preferences and then want to hire a lead engineer as a first hire... with 0.5% equity and a $100,000 salary.
Big companies already do a lot to pay as little as they possibly can. AI is just the latest foil to suppress wages.
Oh I don't disagree. I don't think of it in terms of entitlement, I think of it in terms of growth and competitiveness.
What I disagree with is "it's not a labor problem, it's a compensation problem" framing.
I think it IS a labor problem, and also a compensation problem. Compensation itself only solves for the local maxima.