"The previous one, the industrial revolution, created lots of jobs because the new technology required huge numbers of humans to run it." That's not that simple. The industrial revolution initially destroyed a lot of jobs because it replaced human labor with steam machines. It created new qualified jobs, it is true, because these new intricate machines would require advanced skills to be maintained - a reminiscence o…
The problem is that it was relatively easy to master the technologies of the industrial revolution. It isn't the same for the software revolution. You can take virtually any adult from any part of the world and teach him how to work in a factory within a few months of study. You can't take any random adult and teach him how to code. It requires way higher intellect and time to master coding. I think of myself as rela…
http://www.osfi-bsif.gc.ca/Eng/Docs/DEIP_Gallop.pdf
Relevance? The industrial revolution enabled increases in life expectancy. At this moment, the software revolution is doing something similar.