Automation is real, folks

Companies are actively investing in automation because it means they can produce more at a lower cost. That’s good for business. Wages, salaries, and benefits are all just overhead that can be eliminated by use of machines.

Yes, some with highly valued skills go on to get better jobs, but they are very much the minority. Most people end up finding new paid work that requires less skill, and thus pays less. The job market is steadily polarizing.