[benj111]

You could make the case that we're already at that point. The system is being propped up by our ability to buy ever more stuff. Ever more people are employed in the service economy. Ie relatively low skilled but not easily automated work.

For me this is the main point of basic income. If you get to the point where people can't consume enough stuff to keep everyone employed, you end up with a situation with the class that own the means of production not having anyone to sell to, because 'the workers' don't have any income.