This is mostly what the people who described as “rational” say all the time, but there’s no rationality or even a deep conversation about what to do if this happens. I can flip a coin and it will half of the times tell me that it’s the end! Both of this camps are arguing like political sides and the conversation is usually a repeated instance of some beliefs on both sides.
I believe, instead, we can talk about the practical ways we can deal with this change. For example we can start with looking at what other fields that got automated did. Unions? Regulations? Wild west? Free market capitalism? Monopolies? What? Or we can discuss how to take advantage of this new change. Just sayin…