This is my criticism of the position that AI and the coming labor automation revolution will yield an "age of abundance" where goods are so insanely cheap that

This is my criticism of the position that AI and the coming labor automation revolution will yield an "age of abundance" where goods are so insanely cheap that anyone can have anything: Have you ever known a company to reverse shrinkflation, or return profits to consumers, rather than to shareholders? I worry that this is another bit of feel-good garbage like "wealth will trickle down when we cut taxes for the wealthy." It's completely contrary to human behavior.