The short form is that they've solved Friendliness and handed most of the management over to hyperintelligent, near-omnipotent benevolent AIs. The only real problems left for individuals qualify as "how to not get bored", which for the most part they approach by cultivating eye-watering arrays of esoteric and satisfying hobbies, projects, arts and crafts, high-brow debates, luxurious indulgences, social groups, and games. The few people that still aren't satisfied generally end up in their diplomatic corps slash military slash spy agency slash police force. "Ultimate" may have been an exaggeration, but it is by far the most satisfying utopia I've seen described.
Humans enjoy their bodies. We play sports because it's fun and feels good. We enjoy the burn of a good run. We like to look in the mirror and see something vaguely attractive. We like to fuck. And we want to fuck people we find attractive.
Wall-E got it totally wrong.
Please excuse the low effort comment, but I've seen far more people who treat their body terribly, and who become overweight/obese compared to the number of people who do anything close to keeping in shape with sports, running, and so on. Not that that stops people from fucking, but the proportion of athletic, attractive people fucking is far lower than you might make it out to be.
Research has shown that a lack of "psychological bandwidth" degrades impulse control.
Being excessively poor, having to take care of children or elderly parents, having a crappy job, etc. all take their toll on your ability to execute on things like exercise, cleaning, saving, etc.
Removing the problem of "daily living expenses" from someone's plate is a HUGE step toward helping them improve their situation both physically and mentally.
Removing stresses on time, money, social interaction, culture, and mortality will make the population more healthy, not less healthy.
I don't think the Wall-E scenario is entirely off base.
More accurately: there is a higher concentration of overweight people at a store that caters to lower income brackets.
When machines do everything, people won't have to settle for cheap unhealthy foods.
Wall-E represents a utopia of plenty for everyone.
Those are not comparable.
Flat wrong, unless you convince the owners of capital that that's the most prudent investment.
It's already extremely difficult to get hired as a research scientist, even with a big-name PhD.
Which is actually what is happening, and has been happening for the last 2 decades with the entry of a large number of physics, math, and CS Ph.Ds into hedge funds and tech entrepreneurship. Stage 1 is a massive wealth transfer from dumb old money built on relationships to smart new money built on technology. Stage 2 is increased funding for STEM research & applications, as the new money diverts capital into their interests. Stage 2 takes a generation or so - it doesn't happen until the new money feels secure enough in their wealth that they can divert attention to becoming powerful. But we've seen the beginnings of it already, with Tesla, SpaceX, Blue Origin, Calico, Google X, YC Research, Breakthrough Starshot, and the Gates Foundation diverting some of that money that was redirected into scientifically-trained hands back to actual scientists.