...it does? This level of automation is recent, and industrialization is the blink of an eye in human history.
If we're talking shorter scale, people have traditionally hand-waived it with 'Oh, these jobs will go away, but they'll be replaced with other, higher-skilled jobs!'.
That's an economist's idealism and doesn't fit reality.
If we're talking shorter scale, people have traditionally hand-waived it with 'Oh, these jobs will go away, but they'll be replaced with other, higher-skilled jobs!'.
That's an economist's idealism and doesn't fit reality.