Every nation will have a chance to be like the US. (I shiver at the thought)
Something thats debunked 'hundreds of years ago' (where obviously we had the same level of technology available to make such a prediction.)
Economic growth is job-market growth. (Right, ancient rhetoric indeed)
Here, since you like the fallacy so much
The economic impact of robotic advances and AI—Self-driving cars, intelligent digital agents that can act for you, and robots are advancing rapidly. Will networked, automated, artificial intelligence (AI) applications and robotic devices have displaced more jobs than they have created by 2025?
*Half of these experts (48%) envision a future in which robots and digital agents have displaced significant numbers of both blue- and white-collar workers—with many expressing concern that this will lead to vast increases in income inequality, masses of people who are effectively unemployable, and breakdowns in the social order.
The other half of the experts who responded to this survey (52%) expect that technology will not displace more jobs than it creates by 2025. To be sure, this group anticipates that many jobs currently performed by humans will be substantially taken over by robots or digital agents by 2025. But they have faith that human ingenuity will create new jobs, industries, and ways to make a living, just as it has been doing since the dawn of the Industrial Revolution.*
You are part of that 52% who believes things will sort itself out. Nothing to worry about, just go about your business with your head in the past, things will work out.
I dont believe that will be the case.
You Luddites considerations stem from a time where industries were getting automated one by one. First the auto-industry - jobs are created somewhere else. Then agriculture - no worries, jobs will be created somehwere else. Today, beyond 2000, we live in a time where all areas are getting automated. There is no switch to be made, even if there was - too large a group of people will have to re-educate themselves. Especially in countries like America this is an impossibility, since there is a big absence of socialism.
There’s no economic law that says the jobs eliminated by new technologies will inevitably be replaced by new jobs in new markets…