Automating away inefficiencies and increasing productivity leads to greater wealth, which in turn creates more jobs. Different jobs.
It is good to remember that the only thing you can do with money, ultimately, is hiring people. Money represents an integral of human time
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People are right to be concerned that wealth creation through technology may lead to a wealth redistribution issue, and greater inequality
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But the good news is that automation reduces the cost of life in everything that isn't artificial rent, making redistribution *easier*
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It's also possible to buy land or IP and charge rent. Most investment dollars actually seem allocated to minimize labor as a % of spending.
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