I fear your fear is well-founded.
The question is, how do you distribute that wealth produced by machines rather than people without succumbing to socialist solutions of redistribution?
No jobs, no cash. No cash, no customers. No customers, no revenue to offset production. I have been struggling with this. Without consumers of machine productivity, the production is rather pointless. When the machines require only a few, and ever shrinking pool, of humans to design and maintain them, the ranks of the jobless swell, even as demand for production remains. Perhaps human society will find a free market solution in a revaluation of those things which require human handiwork and craftsmanship. after all it is already very much the case that bespoke shoes are worth far more than those which are mass produced.
The magic of the interweb has the potential to match whatever tailored wares we create, whether it be crankshafts, leather holsters, poems, heirloom tomatoes, cake recipes, etc., to the exact needs of the precise customer.
I fear however, that some socialized scheme for the distribution of that which is mass produced by crony industries is almost inevitable, and that personal enterprise will be outlawed or overregulated (at the request of said crony monopolies) to such an extent that it might as well be prohibited.
I fear your fear is well-founded.
