Recent AI discussions makes it almost certain that jobs would be affected. It makes me wonder what happened when suddenly humans were replaced by machines. Assuming a lot of jobs were lost was it that lots of people suddenly found it difficult to afford meals or was it not disastrous at all and was a smoot h transition? Can we compare it to today’s AI revolution in terms of adjustment with jobs?
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Jobs weren’t lost. The Industrial Revolution created a ton of new jobs and people were retrained. It moved jobs from distributed small scale manufactories and workshops in mostly rural settings into cities and industrial scale factories. Birth rates didn’t catch up with the increase in labor demand so even children were recruited to supplement the workforce
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