There is a lot of rhetoric on this thread about the impending doom of humanity as everything becomes automated. I think generally anytime you have a paradigm or technology shift people speak about the end of the earth or that we will all be replaced by robots. I don't think that automation of society is a bad idea. I do not believe that switching to manufacturing by robots will necessarily equal long term problems for humanity. I think the net effect is that people will move to fields that can not be automated or if the are automated they will come at great expense of time, resources, or other forms of effort.
For example, psychological counseling is traditionally done person to person. I don't know that someone who is struggling with an issue will choose to talk to an inanimate object over a live human being that can express empathy or even share in the life experience a patient is struggling with. I don't know many children that will want to stop playing with other human beings because a robot will be more entertaining. I think the jobs will shift to new fields such as Entertainment and the Arts, Athletics, Social Applications, Creative Pursuits - to be honest I think work will end up feeling a lot less like work.
I think as more of the mundane jobs are pushed off onto robots people and the money that they are involved with will shift to other sections of our economy. If an owner automates all production and no longer employs human beings - he too loses. Henry Ford new this principle all too well and chose to lower the costs of his cars through economies of scale so that he could increase his customer base. I think with Apple, eventually, Cook et al will fully understand this and reembrace humans in other portions of their business.