Comment by cjlars

There's a lot believers in technological unemployment here on HN and one thing I think that viewpoint misses is just how darn resilient humans are to changes in the economy. In the past 150 years, we've seen human manual labor replaced by mechanical labor. Think about that -- a lot of early California settlers walked here, and now you're commanding power roughly equivalent to 100 horses when you hop into your car. Agricultural employment went from 90%+ of the population to ~1% over a few generations. People using computers at work went from less than 1% to complete ubiquity in 30 years. And against all of this, unemployment is still near its target rate. Is the large scale rollout of predictive algorithms really a bigger wave than those that have come previously?