During the IR, business was constructed around manufacturing products in home. The revolution brought massive change in factories (i.e. machines) as well as a clear distinction in social class amongst society. As a result a spiral effect took place where, machines sent workers home, workers became archaic, and then a divide in social class was as evident as could be.  

Svetlana Sicular put it well “ Many significant innovations in the past have been associated with a transition period of temporary job loss, followed by recovery.”

Sound familiar? Or shockingly reminiscent towards the AI revolution now? I don’t know, maybe.

I don’t think AI’s replacement of jobs has been glaring yet, but I do see often that by 2020 or by 2025- this or that will be automated. Should we brace for impact? I don’t believe so, we are more resilient than we were during the IR and certainly a lot more tech savy.