On the clickbait scale from "Bankers destroyed your 401k" to "Robots destroyed your 401k" to "Algorithms destroyed your 401k", the last choice is the least sexy

On the clickbait scale from "Bankers destroyed your 401k" to "Robots destroyed your 401k" to "Algorithms destroyed your 401k", the last choice is the least sexy of all. >This mantra is being repeated over and over: algorithms and automation are taking away the jobs. I'm still skeptical. My current work involves determining pain points in office "grunt work" and developing automation tools to reduce the need for temporary (and permanent) staff. Those people have been displaced from the workplace. No new jobs were created as a result of this automation. A great number of office workers will be displaced to due automation and the pace at which this will happen is going to leave a lot of people very unhappy and very unemployed. Undoubtedly, I, or at least, people like me, will continue to have jobs. After all, someone must maintain the code, service the robots, et cetera. But that's a far cry from full employment of the workforce. >And so I doubt we will run out of work to do. This would mean that somehow we ran out of problems to solve. On the contrary, we appear to be flooded with them: cancer, infectious diseases, global warming, clean energy, access to space... How do you justify and fund higher education of all the out-of-work 40-, 50-, 60-year old truckers, office managers, office workers, and so on? Or will we just ignore them and wait for them to die?