I see this transition as more like what would happen to livestock if they banned eating meat.
I see this transition as more like what would happen to livestock if they banned eating meat.
There's still the fact that claiming to be the owner of the automation, while other people aren't, will be untenable in a world with sufficient inequality. We've seen that happen before when the only justification for the difference in wealth was basically inheritance. Nobles losing land and rights, churches being dispossessed an such things. It'd be a likely outcome if 5% of the people claim to own all automation ever. But that's not about having everyone be unemployed because nobody has any economic value: That's what is unlikely.
Just because I can't predict exactly what work people will do doesn't mean they won't do work. I can take a stab at a few guesses, surely others have more prescience, but the thing about complexity and fractals is it's easier to predict meta qualities than it is specific manifestations.