Do you think we will be doing in 5 or 10 years the same things we do today, but with AI? Every capability increase or cost reduction stimulates demand. AI is no different, it will stimulate both demand and competition. And since everyone has AI, and AIs are not much different between them, then the differentiating factor remain the humans. Even if we solve all our current problems with AI there is no reason to stop there, we could reduce poverty, pollution, fight global warming, conquer space. The application space is unbounded. Take electricity or internet for example and think how they expand the scope of work. Programming has been automating itself for 60 years, with each new language, library or open source project, and yet we have great jobs in the field.
No matter how much we have, we want more. Our capability of desiring progress is faster than AI capability to provide it.