Don't treat Artificial Intelligence as the next threat

This productivity improvement also decreased the price of the Ford Model T and increased production tenfold to around 300,000 cars. That's more than the company's 300 competitors built with four times the number of employees. Critically, however, Ford's increase in productivity also drove a rapid growth in the business that created more jobs and almost doubled wages. In 1914 Henry Ford raised the average pay in his factories from $2.54 to $5 per day. Thanks to the moving assembly line, more people worked and made more money.