Well, historically, it's sort of worked out on its own. Automation displaces workers but also creates new jobs in other sectors. We have maintained full employment at higher wages.
That said, some displaced workers have experienced substantial difficulty moving to other industries, especially if those new jobs are in different cities or countries. And it is also possible that this time is different, although I'm not convinced.
That said, some displaced workers have experienced substantial difficulty moving to other industries, especially if those new jobs are in different cities or countries. And it is also possible that this time is different, although I'm not convinced.