Deskilling: the process by which skilled labor within an industry or economy is eliminated by the introduction of technologies operated by semiskilled or unskilled workers. This results in cost savings due to lower investment in human capital, and reduces barriers to entry, weakening the bargaining power of the human capital.
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FollowBefriend (13)61 threads2,708 comments Premium
And the loss of social status!
And often, freedom. For example, the blacksmith who was his own master, decided when and how much to work, when to knock off for a beer, etc. to being a wage slave who has to ask permission to take a piss from the mill foreman.