The key phrase is "over the last 200 years". 200 years ago there was just 1 billion people. People had decade(s) to reskill to new profession. Their offspring picked different profession if their parents didn't have good prospect. Changing profession was also not requiring half a decade learning.
Now imagine that AI will make 20% people redundant over next 5 years - thats ~1.6 billion people.
Now imagine that AI will make 20% people redundant over next 5 years - thats ~1.6 billion people.