Equilibrium is not the same as a good outcome. The economy found equilibrium after the Industrial Revolution too, and for several decades that equilibrium included child labour in textile mills and life expectancy in Manchester hovering around 25. What matters is how much unnecessary suffering we allow between here and there, and whether the new normal we settle into is one worth living in.
https://www.joanwestenberg.com/a-soft-landing-manual-for-the-second-gilded-age/
