I am guessing some of those loom operators transitioned to mending and patching, and operating the new machines. Guessing we will do the same. Just not all of us will make it.
Yes so probably not a good idea to be loyal to craft, just be loyal to yourself
Transfer skills are important too.
I saw quite some Flash devs struggle after the iPhone release. Still, there were some that were good Devs that transitioned into other technologies.