This reminds me of Marinetti predicting electricity will usher in a post-scarcity world [1]. (Like, students will be hooked up to outlets to learn faster, electricity in the ground will make crops grow faster, flying cities will make land scarcity a thing of the past, et cetera.)
For example, automation may increase worker productivity but that doesn't benefit the worker but the owner: the worker may actually be worse off because the owner will now likely fire workers due to the reduced labor need and the resulting reduction of available jobs suppresses wages. On the other hand, some jobs where workers would outperform automation will be underpriced to the point that it's not worth paying someone a livable wage for the quality advantage over an automated process at a fraction of the cost so those jobs go away too.
Or for food production we may be producing an abundance but as the total need is limited, instead of reducing prices because of the increased supply, we end up instead importing out of season produce from the other side of the world, min-maxing convenience food for appeal/addictiveness and destroying unsold goods to avoid lowering the market price.
Or for drugs we literally value the sanctity of patents over the lives of people in underdeveloped countries who couldn't afford the medicine in their lifetimes (cf. the refusal to suspend/discount COVID vaccine patents for poorer countries to allow them to produce generics to vaccinate their populations).