You haven't read enough Veblen. Once machines could make things like perfectly machined aluminum silverware, people just began to desire imperfections that were hard to produce by machine.

A carpeted dwelling was the pinnacle of opulence until machines and synthetic fibers made plywood+carpet cheaper than hardwood floors. Once that happened, after a brief carpet opulence arm race going all the way to shag, carpet was for low class people and hardwood floors were the new thing.

In this new revolution you are talking, people will just literally start wearing printed coats made of solved auditable captchas, to prove how important they are and how much labor they can command and put to waste.

There will be plenty of jobs for a while to come. The revolution will be dampened by zero-sum status wars. By the time domination over machine overtakes domination over man as a primary status signal, there won't be any humans left anyway.