Yep, it is going to be pretty much Industrial Revolution 3.0.
The people that are too old to learn new skills are going to need to end up on social security [and capital will need to be taxed for it]. For everyone else, there will need to be a permanent safety net [basic income, continuation of existing welfare programs on a larger scale, or something like that] and heavily subsidized post secondary education for any skillset that is desirable in that new economy [which will have to come out of capital's share as well].
Otherwise, we'll just end up with more crime and bloodshed.
The system in place is intended to maximize profits for a ruling class. It was put in place when the feudal and the slave system was deemed inefficient.
The vassalage and chains were replaced by laws and religious dogma. “Thou shall not steal”, “Its against the law to steal”.
When we see rising in criminality its because some people are fleeing the system. Crimes are a symptom of lack of control of the actual economic system.
The people that are too old to learn new skills are going to need to end up on social security [and capital will need to be taxed for it]. For everyone else, there will need to be a permanent safety net [basic income, continuation of existing welfare programs on a larger scale, or something like that] and heavily subsidized post secondary education for any skillset that is desirable in that new economy [which will have to come out of capital's share as well].
Otherwise, we'll just end up with more crime and bloodshed.