What is the “net effect” of the Industrial Revolution?

There are a bunch of pros and cons towards the "net effect" of the Industrial Revolution,

Pros
1. The Machines let the human hand rest for a while.
2. It let some of the poor people earn some money to eat
3. When the IR went to America, the cost for transporting goods from one factory to another got canceled out, since they were together.
4. Made production faster and could get more of it.

Cons
1. Alot more laborers were fired since they had no more work to do.
2. When the IR went to America, there would have been major arguments between England and the US
3. When inventor might invent something they would get competition, the invisible hand and would argue.
4.This might cause a world war because both England and USA were major countries in the trading world.