That's the takeaway for Byron Wien, Blackstone's vice chairman and investing guru, who spent the summer hosting lunches with power players, according to his latest market commentary. Wien believes wages, business sentiment, and technology are breeding an insecure population in the US. "Everyone acknowledged that millions of manufacturing jobs had been eliminated through robotics and other forms of technology. The employee attrition problem was likely to get worse as artificial intelligence becomes more prevalent as a tool in the white collar workplace, eliminating jobs in law firms, healthcare and elsewhere. Where will these displaced workers go? "Those worried about productivity and inequality were perhaps not recognizing changes in the'quality' of life.