[vladd]

Similarly to how we removed a lot of workforce from agriculture in the last century. The breadth and scope of services offered increased ten-fold and workers learned to add value in different ways in these new areas.

[zdragnar]

The problem is that subsistence and low-yield agriculture families weren't significant consumers in the first place. Taking them out of the economy and pushing their children into industry increased demand for goods and services as they became dependent upon buying food, rent and goods they previously weren't buying.

Gutting a ton of jobs across many sectors in the economy won't change demand for food or rent, but will likely hurt every service sector and slow the economy down overall as people without jobs push out purchases they would have made otherwise.

[kredd]

Fair, I guess, I have limited knowledge in this space, and it’s hard to imagine where and how these people would switch to.

[SirMaster]

That's how it's always been though.

The previous generations could never imagine the kinds of jobs we have today.

Now I am not saying that this is a guarantee to happen again, and that new jobs will be created and such. But I think anyone claiming to know that "this time it will be different" and that "we wont create new jobs that we can't imagine today" could be just as wrong about that idea too.