> "We are at the first point in history now where we are eliminated unskilled work, but not replacing them with anything other unskilled labor"

We're also at the end of the first era in history where some forms of unskilled labor have put people solidly in the middle class. Unskilled middle-class work is being eliminated; there's some demand for unskilled workers, but not at those income levels.

This is going to lead to some hard transitions, which are going to take time to shake out.