> Major trends are the appreciation of certain jobs for example in the IT industry (a nonexistant/tiny field until recently) and the devaluation of many others.

> Major trends are the appreciation of certain jobs for example in the IT industry (a nonexistant/tiny field until recently) and the devaluation of many others. This is the natural progression of jobs. Auto mechanics were a nonexistent / tiny field that soon grew, devaluing the once noble buggy whip and horse-related professions. > The next stage in automation is expected to make the work that most people are able to do completely obsolete This is where I and many others fundamentally disagree. Work may be made obsolete, but new jobs will be created, just as they always have. > suggesting that the free market alone can "find new uses for labor" and automatically create a functioning system is imo wrong and harmful I am not only "suggesting" - this is actually the what our economy does every single day! The free market allocates labor, the government is not involved except around the margins.