I think it's pretty obvious from current politics that the overclass knows this level of automation is coming, has been planning on that basis for a good long while now, welcomes it, and fully intends to do everything in its power to arrange for the poor to die rather than accept anything that resembles an obligation to pay taxes.

The CEO is an autocrat; supreme sole autocrat, in their context, and that's why people want to be CEO. Given the number of people referring to political leaders "as the CEO of country", I expect that we're getting a general collapse of the legitimacy of government. For example, the institution of the TFSA program in Canada is nakedly an assertion that taxation is illegitimate, and thus government. Most of the CPC leadership candidates are campaigning on very large tax cuts. This is partly memetic contamination from the US, and partly deeply racist in a purely homegrown sense, but it's also the expectation that this is how you become wealthy, by which most people mean prosperous; government is (in their understanding) how you become less prosperous.

It really doesn't matter how factual something like that is; if people believe it, they will act like it's true. (Even if now is a very bad time for that particular set of falsehoods.)