Yes that’s the crux of the risk - will new space be created
On one hand. We’ve never had a technological revolution that didn’t yield more jobs
On the other hand, Terminator
On one hand. We’ve never had a technological revolution that didn’t yield more jobs
On the other hand, Terminator
a) How many technological revolutions do you count?
b) Of these, which directly created jobs vs in which did the job numbers eventually recover?
Before electronic computers, rooms full of workers, often women, did the math by hand. That job was decimated.
Before ATMs, people went to bank tellers.
Before mechanized looms, there were weavers. Look up where the word “Luddite” comes from.
Before industrial manufacturing, shoes were made by cobblers.
Elevators used to have human operators.
There’s never been a technological revolution that didn’t yield more jobs than it replaced