The logical end point of this progress is 0 hours work per year and we still get everything we want. We're not quite there yet, but we're already much closer to that point than "work all the time to survive".
We should do something about resource distribution, though. I'm not saying that we would be there already if the 1% didn't steal everything, but we'd certainly be closer. Not communism or anything close to that, though, we already know that crap has no chance of working. But just something not quite so unbalanced.