It really is ultimately a labor relations problem. A lot of people thought they were guaranteed to not face penury and now they're realizing they may have been wrong about that. The issue is that it's ultimately not under your control whether you can sell your labor, and there's no universal fallback if you can't. Solidarity and concrete power for workers are the answer to this and I don't think there's another one.
For the rest, yes, certainly. The vast majority of people do not enjoy their work, are not valued or rewarded for the skills they apply to it. Again, if you thought your job was writing code this sucks. But you're merely one of the billions now. I understand the grief for what people are losing but very very few people ever had that rare privilege.