Doug,
Yes, that's my understanding of what's happening. But then that's (in general) job destruction, and if we believe these are connected processes, then we wouldn't be good social scientists if we added the word 'creation' to it if it's a negative-sum game, no? Or at least if we failed to hedge our bets through fun oxymorons like:
creative destruction annihilatory ingenuity productive ruination devastating dynamism
Jonathan
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immiserizing growth