Earlier quoted context omitted.
I see AI exactly as what will help future generations, the possibilities it provides in terms of learning, research, analysis are huge. It confusing to me how people complain about jobs - there is no guarantee that any job will be there forever, there is no guarantee that current social and economic model will be there forever, things always change, you have to adapt, there is no other way.
Present generations see the primary role for AI as being identical to the biggest disruption to US business in the past century — namely the gigantic sucking sound from the outsourcing of millions of US jobs in order to reduce labor costs. Of course they're terrified of it. By singing its praises AND IGNORING THAT CONCERN, Schmidt showed that he couldn't be more out of touch with the top priority of this generation —…
At this point I don't think its a concern, I think its going to happen sooner or later.
1st world countries have a bunch of support programs for the unemployed/homeless, so its not the end of the world. 3rd world countries are more or less used to live off the land, I guess village lifestyle will make a comeback.
Once enough jobs are lost then social and economic structures will change. I don't know how exactly, so I'm just working on my skills, maybe some of them will be useful.