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Drill deeper than that unemployment stat farce to see the issues involved. I been working with this subject matter for over 3 decades.Taking a step back, the original question to you was: ‘how are tech companies “compromising the nation consumer spending and aggregate demand”?’ Contrary to what you’ve written, I don’t think you’ve proven that at all.If you really want to go into the issue, maybe it would be good to define the ‘tech industry’ as well; surely you will agree that the main representatives are companies such as the famous FAANGs Facebook, Apple, Amazon, Netflix, Google along with other companies such as Cisco, Intel, Microsoft, and Tesla, a few of which are in the region of $1T in market cap individually. Via labor automation? Contrary to what you seem to indicate, none of these companies are primarily even in the automation or robotics industries, and instead have largely created de novo wealth via productive activities in new industries.To go through them, in particular, Facebook made social media widely popular after earlier examples such as MySpace, Apple created new consumer electronics categories, Amazon made e commerce commonplace, Netflix improved on demand entertainment access, and Google refined online information retrieval.

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