Well firstly industrialization was pretty awful for the people living through it. The collapse of rural economies pushed teeming millions into cities where they

Well firstly industrialization was pretty awful for the people living through it. The collapse of rural economies pushed teeming millions into cities where they became an enormously cheap reserve army of labor. Go read Friedrich Engels describe Manchester in the 1840s. One thing that stuck with me was people laying in the alleyways starving to death because they couldn't find work. Secondly, no investment manager would be fulfilling his fiduciary duty if he didn't warn you that past performance does not guarantee future results. Just because the industrial revolution eventually ended up producing a different sort of job to employ all of humanity doesn't mean changes currently afoot will do the same.