“After this phase, comes a “golden age” where the rest of the population typically benefits from the new technology. We are probably about to enter this phase, but it requires a retraining of the entire workforce to catchup to the small group of early winners.”
As Tech “matures,” there is new technology coming to replace it. This rotation is happening so fast that within 20 years, automation will annihilate the American middle class.
I’d also like to add that Trump isn’t blaming immigrants. He’s blaming the ruling class.