Most Americans once survived hand to mouth, season to season. Technology (thankfully) destroyed their jobs. The result was not catastrophe but prosperity, because the dynamic lamented in modern parlance as “job destruction” is also called “productivity growth.” If farmers become 25% more productive, eight can grow a crop that previously required 10. The other two might still farm, yielding more or better food for the community. Or they might become barbers, allowing everyone to enjoy comparable food and the latest hairstyles.
The...