You might be right about the relative impact of AI alone, but there are like a dozen different problems threatening the job market all at once. Added up, I do think we are heading towards a future where we have to start rethinking how our society handles employment.

A world where robots do most of the hard work for us ought to be a utopia, but as you say, capitalism uses unemployment as a threat. If you can't get a job, you starve and die. That has to change in a world where we'll have far more people than jobs.

And I don't think it's as simple as just having us all work less hours - every technological advancement that was once said would lead to shorter working hours instead only ever led to those at the top pocketing the surplus labor.