>Robots are going to replace human workers in lots of factories; jobs that do require human labor are going to continue to move to the lowest-cost place. But t

>Robots are going to replace human workers in lots of factories; jobs that do require human labor are going to continue to move to the lowest-cost place. But that’s ok, and these sorts of jobs are not what will generate economic growth for us anyway. This is all very true, but automation doesn't remove jobs just at factories. We will continuously figure out how to automate more and more jobs. Capitalizm should dictate that these jobs would fall into a ranking where the highest paid, easiest to automate jobs should be replaced first, that might mean traditionally very "safe" jobs like Accounting (see: InDinero). What happens to those who are unskilled an can not assume jobs that really promote growth? I think it is very important that the government can react to these changes quickly, and while entitlement programs may not be investing in growth, it prevents a very large class of US citizens from being very very unhappy resulting in a very harmful situation for all of us. I do think in the end, you are right, if we can hit growth, everyone will benefit. The consequences lead to an extremely complicated problem and every idea I have to solve the problem is pretty porous.