&gt; The industrial revolution eliminated 60% of the jobs and gave birth to communism&#x2F;socialism&#x2F;a reaction to the wear of workers by a powerful people. ... Subsequent revolutions also gave much more leverage to the &quot;guy in his garage in the Silicon Valley&quot;.<p>They are not analogous. People are expensive, inefficient and unreliable when compared to machines (where they can even be compared). Each new &quot;revolution&quot; will try to get rid of as many workers as it can. There won&#x27;t be new jobs for the people that have little or no education. Hell, there may not even be new jobs for people <i>with</i> education. Silicon Valley is the perfect example how this process will go down: new riches for a few people concentrated in very rich metropolises. Where is Namibia&#x27;s Spotify? In Sweden. There&#x27;s nothing wrong with this btw, old age technologists used to envision a time where technology freed human beings from the shackles of work but capitalism is in conflict with this idea. The stewards of capitalism need the &quot;losers&quot; and the result will be a lot of misery until we figure out how to accommodate all the unemployed.