The situation also happened during the rise of "personal computers" during the late 1970's and 1980s when a lot of people were predicting that computers would soon displace people from jobs. This was the time I grew up and started getting interested in technology, so I remember that time well.

What of course happened is the types of jobs and the way people earn has changed considerably. Entire new industries have formed as a result, and a lot of things are still done by manually (but perhaps augmented by technology).

Btw I generally prefer to read articles rather than videos, but I make an exception here. I really liked your post.