Good posts in this thread, tonymctones.
Tu, you are buying media messages like a true champ. I'm sure the scammers of this world love you for it, for whatever that's worth.
I'm just giving my opinion based on what I see on a day to day basis. This has nothing to do with media messages. Whatever you believe them to be.
Feel free to show me where I'm incorrect.
Agreed the market will find equilibrium at some point though. It maybe that there is enough room in the profit margin to absorb that extra pay or It maybe that the labor for those jobs just goes away and is replaced by machines but one thing is for sure the more labor you have the cheaper it is.
The ceiling is where it's more economical to replace humans with machines.
In a true capitalist society it would, unfortunately, that's not "exactly" what we have.
I do agree that machines replacing humans will be a much bigger problem in regards to workforce in the future. That said, it will just eliminate the lowest paying jobs again.
People will be needed to repair robots and machines. Just like now, but on a much larger scale.