I think you're completely correct. Most successful automation technologies tend to create two markets: the lower end mass consumption market and a higher end ar

I think you're completely correct. Most successful automation technologies tend to create two markets: the lower end mass consumption market and a higher end artesian market. Power looms certainly drove out hand looms, displacing many artesians that supplied most clothing in the 18/19th century. Suddenly clothes were cheap because of a new technology! But does that mean there's no market for specializing in the higher end clothing that requires special attention and detail? No! Instead, the market tends to bifurcate into the mass consumption market and higher end artesian market (I certainly know many people who do like the higher end artesian products!). I think we need to worry less about if we have X or Y technology that will disrupt a working class of people, and instead focus on building up a more robust welfare state to allow these people to have a meaningful place in society.