The problem with that statement is 'entirely' You don't need to replace people entirely. You need to give them tools to increase productivity by 50%, then magi

The problem with that statement is 'entirely' You don't need to replace people entirely. You need to give them tools to increase productivity by 50%, then magically observe as 1/2 the workforce disappears. The world is sloowwwwww to adapt. If everyone put one month of attention into learning basic python, we'd see a massive productivity increase for back office functions that would make tens of thousands of people redundant. Of course, that will never happen, but the tech literacy of the average young person is increasing by the day... I disagree with your second premise too. Reducing the number of people in a profession increases the profits to the ones that make it in, thereby making it more desireable. Probably less candidates as you say.