Could also be possible today, but we chose a capitalistic system that leads to an increasing wealth gap. And now we're in a situation where the richest 1% own 50% of the wealth.
So, if we increase automation and the ownership structures stay the same, this inequality will get worse, not better.
It’s interesting, people talk about inequality and I definitely feel it myself – I see so many rich people around me. But I am in that 1%, just like many on this forum. At least according to https://dqydj.com/average-median-top-individual-income-perce... yet I still have to work for a living.
> The cost will exponentially increase over time and the systen will eventually collapse.
From what I'm seeing in the numbers, the big problem of the coming century is population collapse. Maybe I'm just too much of a believer in the intermediate value theorem, but I'm sure there has to be a way to arrive at a society with a sustainable usage of resources.
Nope. If everything is totally automated, if ever, the gap between the rich and the poor will widen even more. Most people will live in misery while only a handful of people enjoy all the automation.