Tell that to all the horses that ended up unemployed during the first industrial revolution that never ended up finding employment in other activities. Horses

Tell that to all the horses that ended up unemployed during the first industrial revolution that never ended up finding employment in other activities. Horses lost out because they weren't retrainable to perform other productive activities. Up until now most new jobs have been within the grasp of those people willing to go through a little training. However, now we're eliminating jobs fast enough and the new jobs we're willing to fill require a level of knowledge that are either impossible for certain workers or at least "economically impossible" since the cost and time necessary to train is too high to make sense.