Either massive social safety nets ala UBI, or worldwide poverty. Countries turning into impoverished wastelands with just enough government assistance most people starve slowly. Crime at an astronomical level while the rich owner class run around in protected enclaves. Eventually wages would drop so low humans can be employed again for functional slave labor. Get ready for signing a contract that indebts your for life, and potentially your children’s lives in the mines.

For fictional examples see: The Expanse book and TV series, notably belters and earth. Also the Muderbot series in the corporate rim.