This is the new normal. AI will continue to reduce the need for human workers until a Universal Basic Income is established.

At the end of the day robots can do the vast vast majority of jobs better and faster. If not now, very soon.

I only worry our economic systems won’t keep up

Because of the concerns you cite, I think working out the basic economic systems and incentives for paying people is a much more pressing concern than building magnificent machinery that we don't even own. There has been no effort on their end to demonstrate good faith nor to uphold their end of the social contract, which is why it's in our hands to demand the fundamentals to lead a life of dignity.

The exact same thing was meant to happen when the desktop computer became prevalent. Then the internet. Look at us now.

You’re forgetting the energy part of the equation.

Humans can already have 4 hour work week without productivity loss.

But I only see mass layoffs and those who are working - are working longer and harder then before.

I think that’s called "hopium". Or wishful thinking, in less trendy language.

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