Yes, unfortunately we cannot deal with the personal economics of such a transition :)

The upper class who holds all the power does not want people to have good life. They want to extract as much as possible from most of us.

So, no, because said human capital is holding shorter end of the stick and will be worst off.

CGP Grey once asked "What happens to humans when it becomes uneconomic to employ them?" eg, the value of their economic output is functionally zero.

If you like speculative fiction on this topic, read Manna by Marshall Brain while you still can (the author died not long ago, so it may not stay up).

https://marshallbrain.com/manna1

We should just develop cold fusion. It's gotta be easy, right?