With automation how are they expected to even service that debt, much less pay it off? If you can't pay minimum interest on the debt and it keeps growing. What then? Will you have to service the debt out of your guaranteed income?
By automation you mean in many, many years, right?
Automation will start causing job loss by the millions in 5 years. So no I mean it's a problem creeping up very quickly. Initially it will be less qualified workers, but the fact is that many university grads, say art majors, end up in less qualified jobs (if they exist).