On a panel on MSNBC last night, Steve Schmidt, a Republican consultant, said the question for American workers wasn't that jobs were being shipped overseas. That's last century's problem. Today's concern is that automation replacing a lot of workers, and it's about to accelerate. A lot more Americans are going to be out of work next time around. 

Trump didn't mention it because the smart people in the Republican Party either weren't advising him, or he wasn't listening. And Hillary didn't mention it because it's true, I'm sure she knows it, but she doesn't have an answer. 

Silicon Valley readers, the political cursor is about to swing around to you. This is something you should be prepared for. If we're lucky and Clinton is elected today, we get a chance to reason through it. Otherwise, it might not go so smoothly. 

And congrats to Schmidt for bringing this up, and thanks for waiting until it could no longer be weaponized for the 2016 election.