As manufacturing, transportation, retail, journalism and many more industries are overtaken by artificial intelligence and automation, the sheer number of new openings in more human service-related industries may not keep up with the number of other jobs lost.
Robots start doing more and more of the work humans used to do, and doing it so much more efficiently than we ever did, what if the need for jobs disappears altogether? What if the robots end up producing more than enough of everything that everyone needs?
The last 15 years have been marked by an uncanny rise in production per worker and automation. The present worker works more hours and is more productive in the hours they do work but they are payed the same or less/h.
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