If we keep going the way we have been for the past several decades, your question will be valid. But -- and this is also a response to the "close the borders" crowd -- if we remove the heavy taxes, unproductive regulations and the government-caused shrinking dollar; we will find that the economy will spring back to life.
People have been worrying about the effects of free trade and automation for centuries, and it's wrong to think that it's somehow different this time. Man must work to survive and he will. If government only lets him.
The great question though seems to be whether the advent of increasingly effective artificial intelligence is breaking down the traditional theories regarding automation and employment.
Most of these operations used to require many young men and women to execute but not anymore.
As an artillery designer, I oversaw the development of an automated artillery system that didn't require any people at all except to pass ammunition to it (I was never funded for an ammunition magazining system) and it achieved very fast response times and unbelievable accuracy. It also never got tired, never got sick and never got scared.
We need to recognize that we are on the cusp of the next developmental revolution and people will need to be able to find their own new directions.
Soon.
Actually, it is different this time.
Technology changes things.
Always before, there were jobs people could go to. For the first time in human history, we're beginning to face a situation where technology can begin to handle so many different jobs that the prospects for people are starting to look grim.
This will do two things:
First, it will create more wealth, without people having to work for it. That part is good.
But it will also leave people unemployed. That part is bad.
Always before, the right answer to unemployment has been, "Get off your butt and go get a job."
But what if the jobs simply do not exist, because it's cheaper to hire a machine?
In that case, we may be forced into a new, more socialist society.