Economically it's been a mistake to let wealth get stratified so unequally; we should have and need to reintroduce high progressive tax rates on income and potentially implement wealth taxes to reduce the necessity of guessing a high-paying career over 5 years in advance. That simply won't be possible to do accurately with coming automation. But it is possible to grow social safety nets and decrease wealth disparity so that pursuing any marginally productive career is sufficient.
Practically, once automation begins producing more value than 25% or so of human workers we'll have to transition to a collective ownership model and either pay dividends directly out of widget production, grant futures on the same with subsidized transport, or UBI. I tend to prefer a distribution-of-production model because it eliminates a lot of the rent-seeking risk of UBI; your landlord is not going to want 2X the number of burgers and couches you get distributed as they'd happily double rent in dollars.
Once full automation hits (if it ever does; I can see augmented humans still producing up to 50% of GDP indefinitely [so far as anyone can predict anything past human-level intelligence] especially in healthcare/wellness) it's obvious that some kind of direct goods distribution is the only reasonable outcome; markets will still exist on top of this but they'll basically be optional participation for people who want to do that.