That's what happens when technology improves. In your world where wages match productivity 1 of 2 things happens. 1. Everything becomes automated. 2. Everyone gets paid more, but prices of goods are much higher as well. Complaining of productivity increases clearly created through technology as a guide for wages is disingenuous. If I have 20 people with watering cans watering my plants, then I install an irrigation system so 1 man can manage, it shouldn't be expected that he gets 20 times the wage. There are plenty of economic issues, the biggest is that the cost of every need has gone up while the cost of frivolous shit is lower than ever. Much of this is due to government intervention. Whenever the government gets involved, things become unaffordable. Like Healthcare, housing, college, food, and energy. There has been fare more economic damage through altruism than through technological advances leading to productivity. If we do see the wage increase you are looking for, nothing will be any different shortly thereafter when the costs of needs just rises to match the new wages.