A valid question is are there inventions for which this would not be true? I think yes for general AI, but also yes for people who are unable to migrate between a job lost and any of the new jobs created due to lack of education or willingness to reinvent themselves or relocate to where the new jobs are. Innovation can definitely create winners and losers. That’s bad for the losers, but not necessarily for society as a whole. Unless so many losers are created that they rise up and overthrow the system. That’s a real long tail risk if the pace of change sufficiently outpaces our ability to adapt to it.