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Spoken like someone who hasn't spent a great deal of time in the 'world'. The fact that the average office worker is far more efficient than before usually results in FEWER officer workers, not less work. That is the result of technology. Just look no further than the self-checkout lanes in stores. You will see four or more self check out kiosks with one employee awaiting someone's help if there is an issue.

Will people be less depressed if they work shorter work weeks? Depression is usually not caused by work. Lack of work is more likely to cause depression as work provides meaning and worth (and income).

Will more people develop relationships when they work less? Perhaps. It's just as likely they will spend more time on the couch.