It's not that there would be no work or that there would be no jobs or companies staffed with people. The point is that the average median person might not be

It's not that there would be no work or that there would be no jobs or companies staffed with people. The point is that the average median person might not be good enough to get a job. If automation makes it so that only 20% of people are employed in any traditional sense that we recognize today; that world would be drastically different than the one we have. In that world, we have a path where we don't get rid of money but, just use taxes on large mega companies and redistibute that money as a basic income to people without a job. This keeps capitalism and the efficiencies it brings. With basic income, you still have advertising, you still have companies and you still have consumers buying things. There is still competition to push quality up and prices down. There is still the invisible hand of the market. It's elegant in that it achieves the goals of eliminating both poverty and forced labor to survive without eliminating the competition that makes the world so damned efficient and effective.