Kurzgesagt has a YouTube video on automation that considers these matters, and briefly the possibility that the capitalists who own the machines of the all-machine economy might abandon the rest of us, or put us on some subsistence dole, or something.
But, since the number of capitalists, relative to the total population, is slight, the machine economy could very well produce only for them without completely gobbling up the world's resources.
Assume that, since the AI led machine economy can do any job a human can cheaper and better, humans not among the (metaphorical) 1 % cannot lay hands on any currency with which to buy anything produced by that economy.
But this means both the need and the capacities exist for the 99 % to have their own well-functioning economy in which they are paid in human-economy currency good for buying the products of the human economy.
Products made with machines as advanced as you like, but not AI driven and not so advanced as to make anyone willing and able redundant.
Still, everything produced in the human economy costs more than it would if produced in the AI machine economy, so there is no currency exchange rate, since it is never worthwhile for the capitalists who own the machine economy to buy anything made in the human economy.
Two societies that never touch, economically, though they coexist.
Grist for a sci-fi movie?
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