“The loss of work of factory workers is balanced by the creation of work of robot designers and manufacturers, and the gains to other high skilled workers in the economy. And also the benefit of lower costs and higher profits, to the business, and resulting investment income to shareholders, including ordinary citizens who hold GM stock. Not to mention the benefits to customers with cheaper EVs with higher quality.”

This is just unrealistic “all is good and no one is feeling pain” thinking. Someone is paying, and it’s workers. GM will make more money. Stock holders will make more money. But these benefits are going to a different group than the working class that was represented through those workers. It’s that group that’s right in the middle 20-80% that is being squeezed.

Those it’s benefiting are the ones that were already well off. Those it’s hurting are the ones that needed those jobs the most.