Deskilling the workforce may be a valuable activity but those who make the best of it will be those doing the deskilling rather than those who are deskilled.
I'm not sure that the older/richer will lose out. They have a lot of political clout that they will bring to bear to keep value in their homes and retirement assets. A lot of this will be hoarded rather than redistributed so demand will continue to outstrip supply in many areas.