Steve Keen’s Debunking Economics blames debt, not automation.
Essentially, many people currently feel that they are deep in debt, and work to get out of debt. Keen has a ODE model of the macroeconomy that shows various behaviors, including debt-driven crashes.
Felix Martin’s Money goes further and argues that strong anti-inflation stances by central bank regulators strengthen the hold of creditors over debtors, which has made these recent crashes bigger and more painful.
If humans are bad at mental arithmetic, but good at, say, not dying—doesn’t that suggest that, as a practical matter, humans should try to rephrase mathematical questions into questions about danger?
E.g. Imagine stepping into a field crisscrossed by dangerous laser beams in a prime-numbers manner to get something valuable. I think someone who had a realistic fear of the laser beams, and a realistic understanding of the benefit of that valuable thing would slow down and/or stop stepping out into suspicious spots.
Quantifying is ONE technique, and it’s been used very effectively in recent centuries—but those successes were inside a laboratory / factory / automation structure, not in an individual-rationality context.