You don't want to live in a society where an increasingly large percentage of the population have nothing to lose.
Regardless of whether it benefits our industry or socioeconomic status, it'd be incredibly shortsighted to just do all of that at the expense of the lower classes.
Also someday you might find yourself needing things like medicaid. I once met a former SE who was on disability because he lost his sight. Protecting those things for others also protects them for yourself.
Regardless of whether it benefits our industry or socioeconomic status, it'd be incredibly shortsighted to just do all of that at the expense of the lower classes.