[igorlev]

You are correct. The something new, at this point, is going on disability and waiting it out until they get Social Security payments. Most 50-year-olds with a high school education will not be becoming coders. If we are lucky, their kids are already working office jobs or have enough education/knowledge to do so.

As a country and society we will of course find new things to do, hopefully even replacing our manufacturing loss with even better technologies and methods. However, we will always have a huge discontinuity produced by globalization and automation that abandoned a significant portion of the population without the skills or the hope to catch on to the new fields.