> We will stop being obsessed with money and status and spend much more time with family and friends. Entertainment will be insanely good and so will healthcare.

As nice as this would be, I think there's roughly 0% chance of it happening. Over the past few millenia humans have doubled productivity per capita a ridiculous number of times. None of those leaps led to an end of status seeking or a transition towards mostly leasure time for the masses.

Instead I expect more of the opposite from these developments. Power will get increasingly concentrated with people who have very little interest in the needs and wants of the plebs.