The luddites lost, sure—but industrialization did make an absolute shit-ton of people miserable until the labor movement clawed back some of those productivity gains for the workers and curbed the worst abuses committed by capital.

If we don't see another wave of reforms soon—which is sure to require labor action!—a whole bunch of folks are in for another rough time (stretching to entire lives, as it did last time) which will not automatically get better through capitalism pixie dust or whatever.

The last time we saw a huge shift in human participation in the economy, it sucked absolute ass until a bunch of workers screamed and bled and died to make it somewhat better. That's what'll happen again if we don't catch it early. "It'll get better on its own, because markets" is magical thinking.