I believe that the mid-future is going to see this move happen as much of what we work toward and therefore what provides us the earning for consumption, is replaced by machines of various kinds.

This could happen fast. For example, when autonomous vehicles start rolling out in sufficient numbers, trucking companies will have a very strong incentive to utilize them. I recently read that in 29 of America’s 50 states, truck driver is the most common occupation. What happens if those people swiftly become redundant?