And how is this a bad thing?
We are moving from an industrial society to an intellectual society. Every few hundred years, the human race does this. Right now China is moving from an agricultural society to an industrial one. This is called progress, and while there are definitely going to be growing pains (i.e. higher unemployment for a while, more money needed for social safety nets, etc. etc.), in the end I think it will be better for society as a whole.
The less people who have to work at McDonalds hopefully means more people who can work on discovering a cure for cancer. I know it's a very utopian thought, but I think we can see how this works as demonstrated by the 20th century. Human knowledge progressing can only be a good thing in the end.
Yeah, the next 50 years (an arbitrary number I picked, I have no idea how long it will take) or so are really going to suck for the uneducated, and probably the educated too, but the end result if we can suffer through will be a brave new world.