Yes, those are big impacts. Just not existential impacts even just for humanity.
> Of course, the losses arent, expected to be evenly distributed among countries, regions, etc., so if you aren't a well-diversified capitalist (say you are working class) and in the wrong place or industry, you have a good chance at seeing dramatically* greater impacts.
Yes, averages hide a lot of variance.
Of course, this is another good reason in favour of allowing freer migration around the globe.
Why? For those people it's at worst a neutral argument, as getting migrants ain't bad for you (and is arguably good).
Of course, now we'd have to discuss who 'you' is. If you are talking about individual people, or about eg some statistical measure of the country or county as a whole.
> Of course, the losses arent, expected to be evenly distributed among countries, regions, etc., so if you aren't a well-diversified capitalist (say you are working class) and in the wrong place or industry, you have a good chance at seeing dramatically* greater impacts.
Yes, averages hide a lot of variance.
Of course, this is another good reason in favour of allowing freer migration around the globe.