It's not productivity root cause, it is consumption crisis root cause. We stop buying buying more and more. Once you have one car, you don't buy hundred cars.
You see that here in Canada and in the USA. The amount of dwelling space we occupy has soared even as families shrink. My Dad grew up with a family of 5 in 1200 sqft. Canadians today consider that a shoebox that barely fits 2.
I would bet that income gains are disproportionately directed to buying more house or additional houses, no matter the income.
Or you buy more massages or more tutoring or more other various services that simply cannot be multiplied 100x as the human is an integral part of the service rather than a stand in until the robot is ready. How does a massage therapist massage 100 people at once?
looks at desk
......fuck
Humans are deeply weird...