The highest unemployment during the Great Depression was 25-28%, which was catastrophic; even 20-30% unemployment from automation would be similarly or more catastrophic, and this is a realistic possibility.
forecastpending
Speaker
Unidentified Speaker — Post-Labor Economics Lecture 02 - "Economic Agency Paradox"… [99umv8qIWVo]Evidence Quote
“the highest unemployment we saw during the Great Depression was 25 to 28%...we're looking at 30 to 40% unemployment as a as a very real possibility due to artificial intelligence and robots”
Created: 8/11/2026, 7:28:39 AM
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