What happens to a capitalist country when the jobs become automated?

[Buddy Christ]

So I saw this on Big Think and drifted in and out, but a few key points brought up questions.







So, they pace of technology is certainly increasing exponentially. Jobs that we laughingly dismissed as one day being automated... are now actually becoming automated. The cashier is now a self-checkout machine. Some restaurants have soda dispensers for your drinks and screens where you punch in your order, reducing the needed staff to simply cooks (which will also most likely become eventually automated (a perfect medium-well steak every time!)). Human beings will never be able to match the efficiency of machines. Machines don't need rest, lunch breaks, maternity leave, vacations, or an hourly wage.

And here in the US, we consider a high unemployment rate to be an indication of a bad economy. Well what happens when there are simply too many people and no need for human employment? Since our existence is seemingly based on currency, what can we do to feed and house ourselves? Do we sit back in comfort, finally achieving a stage in human existence where employment is an unnecessary endeavor? Do we collect a monthly government allowance? Will we all be confined to do impossible-to-automate type jobs; like art, music, sports, and creativity-intensive activities?