The ideal approach is two pronged, you raise the standard which benefits society as a whole and increase the social safety net to take care of those few lost in transition.

The same principle applies to a wide variety of economic changes from increased labor regulations, to housing, to free trade, to automation. Your complaint here is mainly that we haven't followed through on protecting those caught in transition. We shouldn't fall into the trap of mistaking that for a valid criticism against raising the societal standard.