We have heard this luddite fear repeatedly since the start of the industrial revolution. There used to be 90% of people employed in agriculture but today we are down to something like 10% in the UK. Do we now have 80% unemployment?
A hundred years ago the UK had mass employment in heavy industries such as ship building. They have long gone and the UK is now a services based economy. Do we now have 80% unemployment?
There is no limit, so far, to human wants and needs and so releasing people from some industries will allow them to move to others or create entirely new ones.