I disagree with this: "The previous one, the industrial revolution, created lots of jobs" That industrial revolution caused massive unemployment in India, in the Ottoman empire, in China... almost everywhere that had once been a famous textile center. The idea that the industrial revolution did not cause unemployment is an illusion that is caused by looking at only one nation state. But Britain was the winner of the…
This was because of the West getting richer, not everyone else getting poorer. Had the 'third world' countries had the right economic structures in place they too would have gotten richer like the West, much as East Asia has caught up to the West's economic development since economic and social reforms after WW2.