How? Keep in mind only a small fraction of the world's population is even capable of being a tourist. Imagine how that changes when everyone is well-off enough to travel at will. Imagine your favorite beach, favorite museum, or your favorite national park and multiply the number of visitors by 10, 20, 40, etc. Waiting-lists for years to visit the Louvre. Prices so high that only the 1% of the 1% can afford to visit Maui.
Maybe you are assuming that VR will solve these issues? Perhaps a Matrix-like future awaits us.
Our wellbeing probably does rely on technology like VR and automation, but with so many mentally ill, I would say our current situation is already unacceptable (and has been for thousands of years). Adding billions more to the equation isn't going to help.
A false dichotomy. The latter experience can be given to the former's population.
More people isn't somehow "good", but it's not bad.