It was also a process which mostly eliminated artisan work. Now the work just has to be "good enough".
Have you *seen* the things that get made these days? Some might say they're not exactly beautiful.
Same with, say, math. Math skills will be "good enough" and no more. It could spell the end of advancing fields of study.
Mechanization may make things take less time, but they also no longer are studied and refined, only copied. The same could prove true with the mechanization of knowledge. A piece of information can only copy itself, but (in general) cannot add anything useful.
otoh, maybe this will finally spell the demise of "everyone goes to college" and people who are going to pursue an actual course of study will be able to do so. Those with aptitude can grow their aptness, and those without or with no interest can go elsewhere.
In a sense, while some may cry "doom!", I wonder if this isn't actually the beginning of a solution to a number of problems?