Companies will use AI and robots (*) when they are cheaper and more efficient than humans. As long as generating shareholder value is the only thing we demand from them that's what they do.

Of course something will give in. If people don't have jobs they won't be able to buy the products and services those companies produce. Not many companies will survive by selling products to other companies' owners. Also, any resemblance of social security will also disappear because companies simply don't pay enough taxes. But with the way social media brainwashing works people will be made to believe it's some minority's fault they are poor. Immigrants, gays, muslims. Take your pick. Because it's just not possible it's them rich folks who should pay more taxes.

(*) Apparently China has come a long way with human-like robots. Like "can't believe that shit is already possible" kind. Won't be too long before loads of menial tasks will be done by them. Things like shelving products for instance. Add automated check-out and even big shops will only need a few employees.