And this is why stock market will keep going up- every two weeks millions of people- and their proxies, via index funds and pension plans- go out and say "welp let's buy some more stocks so we can retire".
Call it Star Trek post scarcity, or fully automated gay space communism, or the Culture.
People only work if they choose. Not everyone who wants one gets major capital investment (like a starship) without demonstrating competency but otherwise everyone benefits from the collective automated bounty.