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.