If we look at agriculture mechanization, we went from 80% of the population to 5% to feed everyone. While this is good for everyone, I don't think farmers are living some sort of utopia.
Rather most of them are indebted for decades to pay for their complex equipment.
I believe the introduction of robot will follow a similar pattern, some industry will see their number of employee reduced drastically but they won't necessarily increase their margin. The customer will likely win.
The thing is that people who were employed in farms moved to factory. Nowadays I don't know where people who lost their job to robots will move.
Rather most of them are indebted for decades to pay for their complex equipment.
I believe the introduction of robot will follow a similar pattern, some industry will see their number of employee reduced drastically but they won't necessarily increase their margin. The customer will likely win.
The thing is that people who were employed in farms moved to factory. Nowadays I don't know where people who lost their job to robots will move.