I may be wrong, but I think every job creates wealth overall (or it would not exist), and that software engineering has been making some jobs more efficient and others not necessary, and then the wealth which formerly had to be employed where those jobs were inefficient, or had to exist at all, is then employed elsewhere.
If you are the person who lost their job, you get all the downside.
Overall, over the whole of the economy, the entire population, and a reasonable period of time, this increasing efficiency is a core driver of the annual overall increase in wealth we know as economic growth.
When an economy is growing, there is in general demand for workers, and so pay and conditions are encouraged; when an economy is shrinking, there is less demand than supply, and pay and conditions are discouraged.
> Overall, over the whole of the economy, the entire population, and a reasonable period of time, this increasing efficiency is a core driver of the annual overall increase in wealth we know as economic growth.
This is only true while wealth inequality is decreasing, which it is not.
If you are the person who lost their job, you get all the downside.
Overall, over the whole of the economy, the entire population, and a reasonable period of time, this increasing efficiency is a core driver of the annual overall increase in wealth we know as economic growth.
When an economy is growing, there is in general demand for workers, and so pay and conditions are encouraged; when an economy is shrinking, there is less demand than supply, and pay and conditions are discouraged.