Automation of the labor force

In order for a robot to become “more technically-skilled”, it just needs to download new firmware. Too bad that doesn’t work for humans.

Also, as the demand for higher-skilled jobs increases, won’t the income go down?

Well… No. That wouldn’t make any sense.

If the supply of allied labor rises, and outpaces the demand, THAT would potentially lower income.

He means if more workers ‘demand’ high-skilled jobs, aka the supply of high-skilled labor, increases.