[hanniabu]

> It's clear that technological development creates a shift in jobs, i.e some jobs are lost, but new ones are created as a result.

That was true in the past, but as technology gets better that won't be the case. Yes new jobs will be created, but there'll be fewer and fewer.

Technology will allow for more generalized approaches that can be quickly adapted to new solutions. So new jobs will also be replaced quicker and quicker.

[hackerlight]

Comparative advantage will keep people employed for a while: https://www.noahpinion.blog/p/plentiful-high-paying-jobs-in-...

There's a recent NBER paper that predicts wages will increase in the beginning of the AI revolution, even as AI displaces some jobs. Eventually there will be mass unemployment, but only when AI dominates humans (cost & capability) at almost everything.