It's a win-win for everyone. The lower prices enabled by automation allow them to stretch their savings or inheritance further before its exhausted.
Who's gonna buy the products and services provided by automated labor? What will prevent a hyperinflation, making savings evaporate? Or do you further envision a mass genocide of the poor to go along with this?
When their savings are exhausted, the problem will have a way of "taking care of itself." No gas chambers, no guns, just capitalism.
No conflicts and uprisings? Are you sure? History would suggest people don't go down without a fight.
Uprising will soon be a thing of the past. We have cheap kill-drones now, and soon they'll be AI powered.
But then there's your genocide, isn't it?
History also shows it happens mostly in young societies, not in those with median age getting close to 50. Old people are mostly concerned with extracting resources from young to keep their standard of life, so the latter won't just need to fight AI overlords, but their own elders as well, while being a shrinking minority.
LOL
In the modern digital era, technological efficiencies and disruption have almost always led to rent-seeking monopolies, regulatory capture to prevent competition and enshittification leading to higher prices for end users.