Jobs are a mean to make people consumers, not the only mean, but a significant one.
The ability to create more economic activity require both sides to catch up, so we will find a way to do so.
Is it not conceivable that we won't find a way to do so, and that consumption and economic activity will ultimately decline?
I imagine this is gonna continue to be true, except that "everyone wants consumers, nobody wants to employ people".
There are plenty of poeple who have inadequate work the world over because there isn't enough paid work to do, and most professions are servicing wants, not needs, so the demand is very elastic, with many people now multi talented and still not making ends meet.
2. Economics is a function of human behavior, not horse behavior. Economics is about coordinating human effort. Humans make economics, horses don’t. When economics change in a way that is bad for horses, the horses have no recourse. When economics change in a way that is bad for humans, the affected humans seek to change things.
They were tools that people used to get things done.
They got replaced by better tools. Just like typewriters got replaced by computers and printers.
This is exactly the perspective many executives have of their employees.