Comment by jplusequalt

>that AI can do everything economically necessary

This is practically impossible, because the "economically necessary" things to do are never fixed but instead are in a state of constant fluctuation.

Furthermore, a chain is only strong as it's weakest link. AI alone is not sufficient to do all the "economically necessary" things. We would need vast numbers of highly advanced robots to do the rest of the work going on in the world (which is >> than the work currently done by AI). So if we restrict the definition of "economically necessary" to mean the subset of all possible tasks that we currently need to do, then we are sorely lacking in the required infrastructure. We may never get there either.

In the meantime, the labor shock knowledge workers experience could lead to large unemployment. Even those that find work doing non-knowledge work, the decrease in pay and benefits may be substantial.

I think these realities are worth understanding to help ground these pie in the sky ideas about what the future will be like. Not to be mean, but your idea of the future is basically a fantasy.