With this historic perspective we know we’ve gotten through this before and we can do better this time. More generous unemployment benefits, better retraining methods, these are all on the table.
What we shouldn’t do is give in to panic populism. We live in a representative democracy not a direct one precisely so representatives can balance the needs for growth, innovation and real across the board wealth creation over a more popular stagnant jobs program.
Utility workers are 10x wealthier than lamplighters and that same job transition is coming to cognitive work as well. The real catastrophe would have been banning electricity distribution grids even though that’s what the rioting lamplighters demanded.