I just have to laugh and cry when anyone suggests "re-education" as a solution to this. The truth is that more and more people are in complete shock and utterly dislocated from anything resembling a prior society of culture. Parents have NO IDEA what to tell their children because NOBODY knows what will be economically useful or useless in 10 years, or even 5. The "tech" industry has been an ever more rapacious and annihilating blitzkrieg on the ability of anyone but an ever shrinking few to be attractive to other people, not only economically, but socially, emotionally, educationally, etc..., and on the ability of anyone to anticipate the future and plan out a lifetime.

"Industrial policy" in this environment would merely mean determining what mechanical processes to have human bodies implement while they despair under the specter of realizing their fake-need make-work tasks could be destroyed at any moment by the snap of a ruler's finger.