I don't think this is the scenario most people are worried about. Having basic needs met while also having a lot of freedom and time probably sounds great to the majority of people. But there's roughly 0% chance we end up in that kind of world if current AI leads to massive job elimination.

Just look at who is building, funding, and promoting these models! I can't think of a group of people less interested in helping millions of plebs lead higher quality lives if it costs them a penny to do it.