"This isn't idle speculation: it's exactly what happened to horses once technology obsoleted them which caused them to die off except for some very narrow cases and vanity competitions."
The article does explicitly address this. Do you think the response is unsatisfying, and if so, could you explain why?
"Q. How about timescales longer than ten years? There was one class of laborers permanently unemployed by the automobile revolution, namely horses. There are a lot fewer horses nowadays because there is literally nothing left for horses to do that machines can't do better; horses' marginal labor productivity dropped below their cost of living. Could that happen to humans too, if AI advanced far enough that it could do all the labor?
A. If we imagine that in future decades machine intelligence is slowly going past the equivalent of IQ 70, 80, 90, eating up more and more jobs along the way... then I defer to Robin Hanson's analysis in Economic Growth Given Machine Intelligence, in which, as the abstract says, "Machines complement human labor when [humans] become more productive at the jobs they perform, but machines also substitute for human labor by taking over human jobs. At first, complementary effects dominate, and human wages rise with computer productivity. But eventually substitution can dominate, making wages fall as fast as computer prices now do."
Q. Could we already be in this substitution regime -
A. No, no, a dozen times no, for the dozen reasons already mentioned. That sentence in Hanson's paper has nothing to do with what is going on right now. The future cannot be a cause of the past. (etc.)"