[jalayir]

Most of the points above are hyperbolic and quite silly, to be frank. For example - "robots, automation and artificial intelligence resulting in jobs destruction" - I suppose just like the personal computer lead to "jobs destruction"?

[sstrudeau]

Actually, yes. Just like advances in agricultural technology lead to job destruction in agriculture. We went from a majority of the global human population working in agriculture to a tiny minority in a few centuries. That labor was largely absorbed into industrial manufacturing. Manufacturing jobs have also been destroyed by automation (e.g., why a growing manufacturing sector in the US is not adding new net manufacturing jobs). The service sector has absorbed much of that labor, but on the low end, those jobs tend to be much more poorly paid and stable (which explains no income growth for the bottom 80% of the US population in 30+ years, despite a growing economy). Computers and automation are starting to eliminate service sector jobs as well (and not just on the low end). It isn't clear which "sector" will absorb this new labor unlocked by growing productivity, but it is clear to see how these change can create a growing economy but also growing inequality which can lead to a less pleasant society overall...