Low level jobs. You mean jobs that are low paying. They are only low paying because the companies set the price. There are far too many companies that are not willing to pay a living wage to people that work for then, while they re-up on their membership to the country club. As things are going now, companies will try to automate everything, until they find that they have fired people to the point that there is no longer anyone to buy their product. They go out of business and scramble to get a low paying job from the remaining dwindling pool of employers.
I think some regulation, taxation and thoughtful planning is in order to save the capitalist system. Right now they think we will let things go back to the industrial revolution days. Probably won't happen.