> Wow, seems like worse news to me. The number of self-driving trucks on the road today is probably low to zero, but the number of non-grocery retail stores clo

> Wow, seems like worse news to me. The number of self-driving trucks on the road today is probably low to zero, but the number of non-grocery retail stores closing every year, largely due to competition from Amazon (but also stagnant wages keeping demand low), is clearly in the thousands Maybe, but clearly the net effect is positive, because unemployment has fallen by half since 2010, and is in fact currently below NAIRU levels[0]. So every job that has been lost has been replaced by more than one, on average. (Before someone says "yes, but that's because the labor force participation rate has fallen" - that's another common remark that misses the point altogether. The economy has expanded during this timeframe, and while labor participation is a secondary concern, it's not a proximate one. If people are able to afford the choice not to work during a period of time in which the economy has expanded, that's unambiguously a good thing, even if it's not always the best case. Increasing participation in the labor force is often a goal, but not in and of its own sake. Unlike controlling excess unemployment or preventing GDP contraction, which are basically always bad, a drop in labor force participation is a more ambiguous signal of economic health). [0] In other words, one could actually make the argument that unemployment is currently too low - although this would be a bit of a moot point, as it's still within measurement error of the NAIRU and has been for the last 13 months.