You still have to show that the same amount of opportunities for people are created as are lost by removing low-value jobs. I cannot see the brunt of the people that find themselves out off a job now transitioning into the high-tech sector.

I agree with you on the basic principles. Most of those job losses do not hurt the greater picture, aside from the harm inflicted on the individual. But I think there should be planning for a world where most individuals don't have means or opportunity to make an income. I see nothing of that yet and if you still can publish an article in a McKinsey journal on something that is so blatantly obvious, I doubt the world is prepared.