In today’s world, humans are being replaced by robots and automation in a growing range of activities. If we need proof, we only have to look at the way economic improvements are not accompanied by parallel increases in employment. In fact, when economies are stable or growing well, and when the number of jobs has increased, the stock market has tended to go down. Investors know that increased employment is a sign of poor productivity gains and potential cut in the bottom line.
Even now, people are talking about a jobless recovery while the stock market is growing quite rapidly (excluding the recent movements based on geo-political matters).