The same arguments were made about the industrial revolution, which increased the 'misery' level for many workers who began working in factories, and caused a significant increase in slavery in the US. Eventually our societies reacted to the problems and began to alleviate the hardshardships without removing the benefits of the technology. The information revolution isn't really any different from it's mechanical ancestor. There's a cycle that civilization goes through with developments like these and we'll adjust to compensate, likely much faster this time than previously. I do not advocate complacency; the needed changes do not come from such a stance. However, I believe doom and gloom are misplaced.
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