You really think that automation is creating as many jobs at the same wage level as its replacing? Wow what world do you live in?
The one where new industries arise because of the automation. Or do you think we'd have seen telephone call centres when we were all still sending letters? Automation brings us new resources because of the new levels of production it gives us - with those new resources new industries are born. This has been happening for hundreds of years, and the unemployment graph I showed you demonstrates that you are simply wrong in your preconceptions.
A lack of imagination on your part does not mean the economy is going to fail. This is exactly the same type of argument as the Luddites, who thought that automated farms meant there'd be no more jobs.
This occurred just before the industrial revolution really took off - they couldn't have been more wrong.
Just a quick Google turns up positions that didn't even exist 5 years ago - never mind 15 or 50. A projected spike in unemployment in this country for reasons related to the largest economic change in this country for 40 years does not somehow prove that the economy is doomed due to there being no more jobs. Hell - if no-one had to work that would be fine by me. It even has a name: the
technological singularity. But we aren't likely to see that anytime soon. The fact is that society is going to change beyond recognition over the next century, but just as you're probably doing a job that was inconceivable in some (or many) ways 100 years ago, many people will be in jobs that are inconceivable to us today in 100 years' time. Importantly, this applies as much to the economy those jobs are created in as it does to the jobs themselves. This sort of thing is exactly why predictions of the future always look so awkward and dated when looked at many years later (think of
Victorian projections of the year 2000 or already
how dated Star Trek manages to be!): there are innumerable changes that it was impossible for them to have comprehended because of technological development. Even if they predict the general idea correctly, the execution is always completely wrong because they're stuck in their (to them) present-day mindset, and they're imagining those things in their own society and not in one that has been shaped by 100+ years of technological development.
I've attached a graph of the unemployment rates of the largest economies in the world - they're falling because we're recovering from 8 years ago (and unemployment always lags behind economic phenomena). None of them are projected to rise, either.