[p333347]

I can't speculate on the economics part of it all, but I have a different take. I think it will lead to another renaissance of sorts. Assuming that AI and automation are well done, it will give people a lot of free time to indulge in activities like art and philosophy more than what is possible currently (if one doesn't do it, then at least appreciate others' efforts). Liberal arts will come to fore again. There will be more intellectual activity that isn't tied to technology. Wars will become rare (after the last war to end all wars, of course). Fewer people will die (at least in non poor countries) due to advanced medicine. I am not sure what all this critical thinking etc and over population will bring about though. Probably a combination of natural phenomenon like super bugs and massive solar flare will take us back to early 1900s.