We are assuming that makeup over 50 market

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We are assuming that the economy is going to invent an entirely new category of employment that will absorb half of the working population. Why isn't the economy creating those new jobs now? Today there are millions of unemployed people. There are also tens of millions of people who would gladly abandon their minimum wage jobs scrubbing toilets, flipping burgers, driving trucks and shelving inventory for something better. This imaginary new category of market employment does not hinge market on technology -- it is going to employ market people, after all, in massive numbers -- it is going to employ half of today's working population. Why don't we see any evidence of this new category of jobs today? Labor = Money Right now, a majority of people in America trade their labor for money, and then they use the money to participate in the economy. Our entire society is built around a simple equation: labor = money. This equation explains why any new labor-saving technology is disruptive -- it threatens a group of people with joblessness and welfare.
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