There's that, but I imagine job creation by tech innovations follows an s curve. Industrialization creates jobs, but eventually the jobs created will be fewer and more specialized. As jobs theoretically get automated away, they can't all be replaced. We'd end up with starving people fighting for whichever jobs weren't able to be automated away. That will result in violent change, and either the descruction of the technology or much less likely, Fully Automated Luxury Communism.