This is a key reason why technological advances in automation will be seriously needed. Robots with commonsense that can help support the elderly's everyday and healthcare needs, AI & office automation that meaningfully reduces the time spent at work so people can contribute more to their community, better remote collaboration tools to reduce commute time, etc.
We need to make the pie bigger, or at least retain its size, with fewer people working. A silver lining is that most people's strengths tend to be complementary to robot's and software's.
We need to make the pie bigger, or at least retain its size, with fewer people working. A silver lining is that most people's strengths tend to be complementary to robot's and software's.