Technology is often exponential in growth. Look at the rapid development of Tesla, The Internet, SpaceX, etc.

Automation has huge value and is coming faster and faster. When we over stretch (Tesla manufacturing automation as an example) everyone steps back and recalibrates. That doesn’t mean and end just a fork.

Where the huge and safe savings are is in the white collar world and you are seeing huge amounts of dollars and results as it relates to automation and AI. We moved some functionality at my work to automation that could perform the same function in two minutes that took a person eight hours to do. The cost was negligible, accuracy improved, speed improved, and a savings of $50k a year (per person and it was close to 40-50 people). The math here is simple and we pour about 50% of that savings back into further development.

The WC world will drive this, it is growing exponentially, and it will pervade all things in the next 10-20yrs. Replacing 20,000 pilots isn’t worth the effort. Replacing millions of office and factory workers is. Once that is mastered airline pilots just get swept up in the inevitable.

The bigger question remains when we automate out the workforce, what do all of us do? Make no mistake though it is coming for all of us, and I am helping to drive the bus.