At the end of the day, we will have, out of ~9 billion people, ~8 billion who have nothing to do, be it they are not capable or skilled enough to take on the most ultra-high-skilled positions that will still require human labor. We will have the means to create the food, shelter, and power for all those people, for no human effort, but tremendous capital investment. It will be a transition towards post-labor, where people pursue their interests, passions, and innovation rather than money. I wonder how that will go.

Also, those wealthy will probably own all the automated farms, factories, etc that create this stuff. It is, from the capitalist perspective, the best deal they can make - they have lots of money, and they can make things that infinitely print money for almost no cost and no human labor involved. But productivity without humanity involved breaks capitalism.