As robots and expert software increase, the price of goods and services will decline, and the tax collections on the much higher business profits will increase.
Automation will indeed cause much higher unemployment.
But government will provide a basic standard of living for all those without jobs or savings.
“Automation will indeed cause much higher unemployment.”
Are you sure about that? Did farm mechanization starting at the turn of the last century, when 80-90% of the people worked on farms, cause much higher unemployment?
And given that and all the addition automation since then, it’s surprising anybody has a job today! Yet unemployment today is 4.4% and illegals have no problems getting jobs.