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What should be done with the unemployable people?
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UBI is probably a good idea but it's coming too slowly for anyone to rely on. Even if UBI is fully implemented, I suspect it will be life sustaining but not a life fulfilling. So humanity still needs to find purpose.
It's hard to imagine a scenario where someone cannot be trained to do something new. Isn't that a core feature of humans?
Next, how shall we define value? I argue that humans can always create some kind of value that machines cannot, even if only because a human is involved.
We still value actual art over AI generated art. We value uniqueness and rarity. We value the faults that are inherent from things that are natural and organic.
Tons of the jobs people did a hundred years ago in developed countries are now gone or have been streamlined down to require fewer people. Yet there are more people on earth now than there ever have been before and arguably worldwide hunger is at its lowest point. So somehow we have figured out how to survive despite vast amounts of automation already. It seems unlikely that our new "AI" tools are going to somehow dramatically disrupt this balance.