content: That's the thing, though. Automation isn't going to instantly replace everyone. It's going to keep doing what it's been doing for years, slowly making peoples' jobs more efficient and easier to do. Which means you need fewer people to do those jobs. Why do you think they've been tweaking the definition of "unemployment rate" for the past 10-20 years to make it sound lower? If you actually count all the people who've been long term unemployed, it's far higher than the official rate and it's not going back down, ever.