The bold innovation needed is a fair distribution of the fruits of higher productivity.

The Industrial Revolution, followed by Henry Ford’s groundbreaking assembly line approach, rendered the six day work week a five day one.  With better wages.

This was possible because less human capital was needed to produce higher output.  Business realized that without a reasonably paid workforce, there would be insufficient demand.  

We need to re-learn this lesson.  A burger flipping robot isn’t any good to anyone unless someone can afford to buy the burger.  

When the 1% realizes that they need to share the largesse to make their own lifestyle sustainable, increased leisure time and wages are sure to follow.  Until that time, I think we can expect a certain amount of turmoil.  It’s happening now, with the waves of populism sweeping Europe and the US.