This is the only real solution that doesn't wind up with either a future that looks like mad max or involves wiping out a few billion people. Buckminster fuller called it decades ago:
“We should do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because, according to Malthusian Darwinian theory he must justify his right to exist. So we have inspectors of inspectors and people making instruments for inspectors to inspect inspectors. The true business of people should be to go back to school and think about whatever it was they were thinking about before somebody came along and told them they had to earn a living.”
Eventually automation will reach a point where at minimum a large plurality of society, if not an outright majority, is simply incapable of working to support itself due to the sheer lack of human-employing jobs. We either accept that our technological development has led to a level of production where a basic existence no longer requires toil, or we condemn enormous portions of humanity to a truly unending and inescapable poverty.
Either way we need to fundamentally rethink how we view economics and society, especially given that we're almost certainly not going to meet any reasonably livable target for managing global climate change.