Every industrial revolution has increased jobs and general prosperity.

If your job is replaceable by new technology, your job might change to working WITH the technology, at least at first. Technology usually evolves, and is not immediately autonomous. Early machines in assembly lines could only do basic tasks and needed loads of human intervention. Nowadays they are infinitely more capable. Same will probably be true with AI.

Otherwise/ Eventually you might still end up out of a job. But that does not mean there won't be new opportunities created. For starters, an increase in economic output means more people (business owners) getting more rich. Also, an increase in tech, makes entrapreneuership more viable for more people.

You may not afford to hire a full time worker for your startup idea, but you may be able to afford a Chat GPT subscription. Congrats, now you're a millionaire. How do you want your yatch trimmed out?

So the increased economic output lead to new spending. The new job will be here, accommodating the new spending.

Obviously, this may all go to shit if the central banks decides AI is making shit too cheap and start printing away. Or if governments empose minimum wage laws, prohibiting prospective workers from a job. (Things are cheaper now, so a lower salary is fine.) However, since free market capitalism thought of everyone in past, I'm sure they won't feel the need to do that in the next industrial revolution.. 🧢