If everyone started negotiating their pay, salaries would rise overall, according to ChatGPT. Currently, only some people negotiate, keeping wages lower for employers. The AI predicted that universal negotiation would lead to more fairness in compensation based on job performance rather than negotiation skills. Employers might shift to transparent pay bands or non-negotiable offers to control costs. As wages rise, companies could pass costs to consumers through higher prices, potentially causing inflation. However, universal negotiation could reduce inequality within organizations and improve workplace morale and retention. It could also lead to broader cultural changes around discussing money at work.
Read more at Yahoo Finance: I Asked ChatGPT What Would Happen If Everyone Negotiated Their Salaries
