"No, technology isn’t going to destroy the middle class"
As usual, history proves instructive.
ndeed, history suggests that the rising income inequality of recent decades may prove to be a transitory phenomenon. The early years of the Industrial Revolution produced economic trends much like those we see today. A small elite of capital owners, mechanics and engineers — e.g. those who were first to capitalize on the opportunities created by steam engine, textile machines, and related mechanical technologies — saw their incomes rise rapidly, while the incomes of ordinary factory workers were stagnant. But as technology matured and skills became more standardized, the gains became more broadly shared.
We're likely to see the information revolution follow a similar course. So far, the gains have mostly flowed to the most talented and entrepreneurial workers. But as these technologies mature, we're likely to see increasing demand for moderately-skilled labor that complements the capabilities of computers.