Work is central to identity. It may seem like it is merely toil. You may even have a meaningless corporate job or be indentured. But work is the primary social mechanism that distributes status amongst communities.
A world of 99 percent of jobs being done by AGI (which there remains no convincing grounds for how this tech would ever be achieved) feels ungrounded in the reality of human experience. Dignity, rank, purpose etc are irreducible properties of a functional society, which work currently enables.
It's far more likely that we'll hit some kind of machine intelligence threshold before we see a massive social pushback. This may even be sooner than we think.