Then society needs to collectively decide how to allocate resources. Uh oh!

The owners of the AI companies will collectively decide how to allocate resources, rather.

the resources go to the guys with the AI duh

Isnt' that what old-school software did for many years? It used to take jobs, just not from developers. If you implement software that takes accounting from 10 people to 2, 8 just got fired. If you have Support solution helping one support rep answer 100 requests instead of 20, you just optimised support force by the rate of 1 to 5.

I'm in the boat of SaaS myself, but feel a bit dishonesty from Senior devs complaining about technology stealing jobs. When it was them doing the stealing, it was fine. Now that the tables have turned, it's not technology is bad

Jevons' paradox still exists. Making X cheaper (usually by needing fewer people to do one unit of X) can and often does lead to more people being needed for X.

You still need education, skills to be mastered and expertise even in a world without jobs. How would you play any game or sport without skills?

There are bigger issues if everyone is out of a job.

A world where there is no need for work? Oh no, my steak is too juicy and my lobster is too buttery.

A world where there is no need for workers--not at all the same thing.

You may not end up with a seat at the table.

take that to absolute extreme. Why do we even need a job? If all our physical needs are met maybe humanity can finally focus on real problems (spiritual, mental, inter personal) that no amount of "jobs" can solve...

Because greedy capitalists control the world which means that most people's most basic needs aren't met if they don't have a job.

I believe that if situation gets that bad, then we will actually do some new kind of revolution, even in the West.