“New job- designing, building and programming robots.”
Humans will get new jobs, just as they did when mechanization replaced lots of elbow grease.
In many cases, the individual worker will get so much more productive when augmented with robots, that one will do the work that ten or a hundred do today.
But the speed of the dislocation is going to faster than past technological waves have been. Think about how fast digital cameras rolled over the chemical film camera market - Kodak had earnings drop 30% in one year. It will be like that in one field after another, and several at once.
The 2020’s will be a tidal wave of dislocation around the world, causing the price of many goods and services to drop dramatically, while quality improves sharply. People won’t need to work so much.
“But the speed of the dislocation is going to faster than past technological waves have been”
True, but whole new industries that we can’t imagine will emerge.
For example, Youtube started in 2005 and is now a billion dollar company.