This should do wonders for the un employment rate.
you aint seen nothing yet... the new tech that's coming out is going to decimate jobs - truck drivers - bye bye, waiters - bye bye (glorified bus boys will take their place), grocery/banking cashiers - bye bye, and that's just what I can be bothered to type about. Banks are going to lay off 10'sKs of folks around infrastructure, IT, Security as cloud takes hold. You a private IT security contractor? Bye bye...
I've read some of the posts saying you don't need a college ed etc. They may true, but what you DO need in the coming economy is some serious self-motivation, capital, people skills extraordinaire and developed skill set in your industry of choice. Looking back on my own career, there's no way, if I started today, I'd be where I am with the same level of low skills. My learning curve was way to shallow and I fucked around too much. AI, Machine Learning, ubiquitous connectivity are going to bring home the tech efficiencies that we've all been hearing about for so long. Even porn will go the way of CGI and VR.
Even dog walkers are at risk (seriously, I've heard the investment pitch for an automated solution...)
Salary workers are the fodder class... take it from someone who sits in on a lot of " 5yr planning" committees. scary stuff, get your kids focused on their future.