The new paradigm is robots making robots. Computers self writing the software and then programing the robots to make more robots - we have that now with robots or devices that learn as they do a task and pass on that knowledge in self correcting software, etc.
Again, I think everyone is falling into the trap of thinking where the past dictates what the future will look like. Autos came and put the horse and buggy business out of business but we had more jobs, etc is the old paradigm.
The new paradigm replaces human labor and the new innovations reduce the need for human labor substantially.
I am not a Luddite - the opposite actually. I think this is inevitable and we need to prepare our kids for it. I don't have a solution as to what that preparation may be. Maybe have your son become a tailor or a carpenter or some skill where his craft is in demand and is wanted for being hand made. I think Amish made furniture will be in demand in the future as it is today.
Again, if what you say is true, then past automated innovation should have caused economic hardship. And every time we have reached a new threshold of automation, the naysayers have said, “This is different. This type of automation will cause economic woes.” But research, development, and innovation has always been the catalyst for new vistas of economic opportunity, wealth creation, and economic growth.
The problem is those that tend to fear the future do so because they can’t SEE what will happen and conclude that if they can’t see it, then it won’t exist. At some point, people have to decide whether they’re going to live in fear of the future or in bold faith in a brighter future. Innovation, invention, entrepreneurship all at some point require that gut-level faith in something they don’t yet see but believe in - what they are doing and in the resulting future betterment. And God, who is man’s friend, has something to say about all of this as well.