Yep, and to expand on that, the problem isn't technological automation, but retraining.
We're in the middle of an education bubble right now, and while there will always be automation-driven job disruption, whether or not the workers will be able to retrain to meet the new job demand isn't guaranteed. There's an opportunity for relatively low-cost job training, but until the University-degree title system flops, it won't be revered to be the same level of quality.
The more I read dig it, the more I don't believe in technological unemployment (i.e. a technology automates a person out of a job, and that person remains forever unemployed). Instead, recently, something seems wrong with the re-hiring process in the global economy.
Very lucid discussion (found on HN no less) here: http://lesswrong.com/lw/hh4/the_robots_ai_and_unemployment_a...