What do we do as a society when millions of low skilled workers are suddenly out of jobs/
The government will tax the robots and use the money to pay welfare so the savings in efficiency aren’t re-invested in new job producing industries but used up in consumer spending!
That’s what we will do.
What we should do is whatever will encourage growth in new production and industry...
The loss of buggywhip production jobs didn’t hurt us, nor the loss of canal boat towing jobs.
We don’t have Australia as an option; as, the British did in the early 19th century. They transplanted many Luddites promoting revolution there, as the legal remedy for unrelenting riots against displacement by technological innovations.
BLOAT!