Comment by fauigerzigerk

Replacing 20% of jobs in, say, 10 years wouldn't be that unusual [1]. It can mean growing prosperity. In fact, productivity growth is the only thing that increases wealth overall.

It is the lack of productivity growth that is causing a lot of extremism and conflict right now. Large groups of people feel that the only way for them to win is if others lose and vice versa. That's a recipe for disaster.

The key question is what happens to those who lose their jobs. Will they find other, perhaps even better, jobs? Will they get a piece of the growing pie even if they don't find other jobs and have to retire early?

It's these eternal political problems that we have to solve. It's nothing new. It has never been easy. But it's probably easier than managing decline and stagnation because at least we would have a growing pie to divvy up.

[1] https://www.britannica.com/money/productivity/Historical-tre...