The shift to electric autos will reduce their cost a lot and also therefore the economic foot print of the auto industry. At the same time though, many other f

The shift to electric autos will reduce their cost a lot and also therefore the economic foot print of the auto industry. At the same time though, many other forms of transportation will become economic that were not economic in the past and this will create many new jobs. You can see this starting already with electric bikes but that's just the first obvious sector. It's difficult to say exactly how things will turn out in terms of total employment but the result will certainly be better than just assuming a decline in autos and no other innovations with the new technologies.