As our technological capabilities grow, it is true that we will see more low-paying jobs replaced by machines. But that's only part of the story. With the innovation economy I just discussed, we will also see the creation of higher-paying, higher-skilled jobs that only humans can perform.
The lesson of history is clear: to empower today's workers, we must equip them with today's skills. And to do that, we need our higher education system to innovate at the same rate as our economy.