If unemployment reaches 20-30%, it would be catastrophic to the economy and society; the Great Depression peaked at 25-28% unemployment, so 20-30% unemployment from automation would match or exceed that catastrophic level.
causalpending
Speaker
Dave ShapiroEvidence Quote
“if we just get to 20 or 30% unemployment, that's bad enough... the highest unemployment we saw during the Great Depression was 25 to 28%. And that was catastrophic.”
Created: 8/11/2026, 5:34:35 AM
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