Or if truly all jobs can be done by machine, we retire and go live a life of fully automated luxury space communism.
From what I can tell your argument works out to be as simple as we can’t do this because we want to keep people working, which the vast majority of people hate doing.
There is a small minority of people who enjoy work. It seems cruel to enslave a people in mass simply to keep them busy.
I'm not arguing for forcing people to work. If we get to a point where no work is economically feasible for humans to do I would very much like some form of UBI or similar to take care of people.
Speaking of enslaving people, the billionaire class has started speaking of removing peoples right to vote if they do not pay taxes (e.g. if they do not work.)
https://www.yahoo.com/news/politics/articles/why-did-154-bil...
I very much wish that people would no longer have to do busy work and that they would have time for family and hobbies, but being the pessimist that I am, I'm not very hopeful we'll get there any time soon.
Someone suggested that pensioners shouldn't get a vote, and the Shopify founder responded with "good system".
That's it. That's the whole story. Somehow you turned that into "billionaires are trying to enslave us", probably because you already believe that anyway.
Now, I'm fully aware that it's just one guy. But technically, under the proposed system it would be more like 5 guys.