I'll take more inefficiency for more stability any old day. As would all of the newspaper classified ad salespeople, VHS tape manufacturers, blacksmiths, haber

I'll take more inefficiency for more stability any old day. As would all of the newspaper classified ad salespeople, VHS tape manufacturers, blacksmiths, haberdashers, etc. I see where you're coming from, and it's a valid perspective, although I don't know how realistic it is. All of the attempts to stabilize skills/wages seem to lead to guilds/cartels which keep prices artificially high and harm innovation. If anything, this economic reality makes the case for a strong social safety net. If someone's livelihood is profoundly disrupted by technology, they should be given a meaningful opportunity to retrain and/or pivot onto something workable without suffering complete and total financial (or physical, in the case of losing one's health care) ruin.