The above video seems to imply that the lost jobs all went to China, India, etc. But look at this Article, More Jobs for Machines not People.
Yep, the entire world is losing jobs to computers and robots. Is it a problem only because humans are inherently greedy and when we get greedy we turn stupid?
Option #1: We can evolve into those with jobs being the haves and those without being the have-nots, the greedy route. In this route, the ones with jobs guard the jobs by working long hours to keep anyone else from getting their job, say 60 hours a week, and then go home to tired to enjoy the stuff their money has bought them. Since there is a shortage of jobs, then you can expect things to get worse as the years go by ... worker harder and harder, get less and less.
The number of consumers also decline so the cost of goods increases as volume of sales declines. This is the WE ARE HUMANS and WE ARE GREEDY IDIOTS ROUTE.
Option#2. We can work less hours, share our jobs allowing everyone who wants to work, work. We let those tireless robots do their thing and we cheer them on. Work your asses off robots, we love you. Now, we have lots of consumers and the volume of sales increase and the cost of good decline. So, we can continue to work less hours, have more stuff, and best of all we have time to enjoy our lives. We can even let the robots work for the disabled, the discouraged, the needy etc. that have not found their way yet. This option is known as WE HUMANS ARE REALLY SLOW TO PICK UP THE OBVIOUS ROUTE.
