I've been beating this drum since 2016 if not earlier, so let me do it again.
One of the many ways that economists (in this case I am looking at statistics from the Federal Reserve) study the labor market is by dividing jobs into cognitive or non-cognitive (whether you work with your head or your hands) and routine or non-routine (whether you do a few tasks you have presumably been trained in over and over or whether you keep having to figure out how to do your job).
For the last forty years, even as the working-age population has grown, almost all the growth in the labor market has been in cognitive, non-routine jobs, and most of the rest has been in non-cognitive, non-routine jobs. The only segment that has seen significant wage growth (presumably because it is the only segment that doesn't have more available workers than jobs) is cognitive, non-routine jobs. (I'm interpreting publicly available Federal Reserve data here, if you want to poke around and look it up.)
Since this is a bridge forum, now let me tell you about a hand from tonight at the club. I'm declarer sitting North. You are on lead - 3C was a Bergen raise showing 4 card heart support and about 7-9 points:
The woman on lead did what the beginner's books say; she lead her partner's suit. South did not have a spade control, but I ruffed the opening diamond, pitched all but one of dummy's spades on my clubs, and made. The post-mortem went something like this:
Her: I guess I should have lead a spade.
Me and her partner: The auction did tell you that was the suit where declarer might have a problem.
Her: I guess it did, but I couldn't take that all in, so I just lead what partner's bidding told me to.
She does have something like 1500 masterpoints, earned in an area without large clubs, and while mikeh would respectfully consider her incompetent, she is about average for 1500 masterpoints and hence better than 80-85% of bridge players. I also want to point out that she has all the knowledge to make the right lead; she just can't process all that knowledge at the table.
Now, I don't really know her outside of bridge, so I have no idea what she's capable of, but if this is someone's general level of thinking and decision-making ability, are they going to be able to hold down any cognitive, non-routine job? And - judging by the usual standard of club bridge - frequently with many very experienced players - most bridge players are not any more capable, and I see no reason why most non-bridge players are more capable; if anything on average I would expect them to be less capable (since bridge players choose to play bridge).
I don't see how our society can continue to avoid revolution without creating large numbers of routine jobs.
Why does Trump get so many votes? Because all the people competing for the remaining routine jobs are tired of having no future as the jobs they can do become fewer and fewer and pay (relatively) less and less, even as the economy grows for the benefit of all the smarties.
At the same time, automation and now AI/ML makes many routine jobs, if not yet obsolete, then obsolete pending availability of sufficient capital to create the necessary automated machinery.
That's why I think we're doomed.