> This has been the promise over and over again, for centuries, and it has consistently not paid off. Where's the predicted society where automation allows us a

> This has been the promise over and over again, for centuries, and it has consistently not paid off. Where's the predicted society where automation allows us all to work for two hours a day, and spend the rest at leisure? The end result of creative destruction is not so we can all work less, it's so things that we value become cheaper, allowing us to reallocate resources to things that are equally or more valuable. It gives rise to new companies and industries that either a) could not work without the new tech, or b) were prohibitively expensive. The classic example is the fridge. Before it existed there was an entire industry that revolved around transporting blocks of ice. Now imagine all the industries, technological advancements, scientific advancements that would not exist if we didn't have the ability to make a box really really cold, relatively cheaply. Creative destruction leads to economic growth (increasing the pie), not a society that doesn't have to work 40hours a week.