again, it would have to work, the current economic system is designed around a certain percentage of the population being able to afford goods and services. Start removing a chunk of that each year and there won't be any choice, there is not suddenly going to be more jobs to hoover those people up.

Having a lot of intelligent former workers unable to pay bills and willing to fight for a common cause is a dangerous mix, anyone who is a student of history can tell you how quickly such a thing can go bad and governments (esp ones that likely have much better AI modeling) will decide to pay people a basic income than deal with the alternative.

There will be pressure to do this both from the newly unemployed and the companies with shrinking bottom lines. Whatever solution is conceived would need to satisfies both. That may be UBI or a similar scheme. A correction of this sort would be the only option to avoid major disruption to the capitalist system. Something that would be inevitable without intervention.