I'll say what I always say when this objection is raised: Is the rule that "new jobs will always arise to replace the ones automated" an iron law of nature, or just something that has been happening for a while and will eventually stop happening?
And if it will eventually stop happening, what would the early stages of it stopping look like? Perhaps an economic recovery that doesn't produce as many jobs as expected?
I'll say what I always say when this objection is raised: Is the rule that "new jobs will always arise to replace the ones automated" an iron law of nature, or just something that has been happening for a while and will eventually stop happening?
And if it will eventually stop happening, what would the early stages of it stopping look like? Perhaps an economic recovery that doesn't produce as many jobs as expected?
Further reading: http://ftalphaville.ft.com/2015/03/09/2120134/jobs-automatio...