It's been happening for thousands of years. Agriculture was the first instance of automation (Farming) replacing labor (hunting). It was also the birth of massive inequality.
From another thread:
Today I have already consumed more sugar than most of my distant ancestors would see in a year. The device i hold in my pocket reminds me that it is time to perform the action, and so i will perform the action. I sit down about 10 hours a day, and I have never once hunted for an animal I would eat, nor retried food from nature to consume, aside from a few raspberries on the hill in my parents' back yard when I was a child.
The contours of my life are dictated largely by a curious system called 'capitalism', a distributed computational mechanism whereby larger numbers of agents act with only one goal: to maximize their own utilities. I think capitalism is a mostly benevolent AI attempting to limit the oppressive conditions of our reality's scarcity, and to allow billions of us to live on a planet that can only support so many hunter-gatherers per square meter. Many suspect it is not benevolent. They may easily be right.
The singularity is already upon us; it's unevenly distributed. It started with the sedentary shift. Agricultural societies dropped the egalitarian nature of their ancestors, they had lower average health, and they had a tiny elite cast of nobles presiding over a much larger population of what were essentially slaves. As hunter-gatherer population increased, fighting was more frequent. An army of slaves beats a smaller contingent of well-fed free men. This terrible knowledge was the apple in the garden. What we call our written history is essentially the singularity playing itself out, as knowledge accumulates, depends, reflects itself, and expands.
Our lives are already controlled by this embodied, accumulated knowledge. Capitalism, rule by the head, our tools are knowledge condensed into matter, and we are controlled by them, living lives as far from our natural environments as cows in a farm or chickens in tiny cages, towering over the streets of hong kong.
I don't think it's destroying us, any more than we seek to destroy chickens or cows. Well, sometimes we do. I had a veggie burger for lunch today though.