Off the top of my head, the average education level for women in Lincoln's era was 2nd to 4th grade. They were destined to be homemakers. The world did not think that needed an education. Lincoln's wife had a 12th grade education. She was considered headstrong and difficult. Her own child had her committed to an asylum, iirc. My opinion is that basically her high education caused de facto aberrant behavior for a woman. She had crazy ideas like wanting to make decisions for herself and her era did not tolerate this well.

Now, a woman who drops out of high school is viewed as an uneducated loser who failed to do the minimum. Twelfth grade is considered bare minimum acceptable for a functioning adult in the US today. That expectation apparently grows out of the evils of automation of the Industrial Revolution "taking" jobs. Keep in mind the US school schedule provides spring break for a week and summers off because historically even children were expected -- aka needed -- for planting crops in the spring and tending crops during the summer.

Yes, we need to design good policies that help effectively distribute this new wealth across the population. That kind of goes without saying in my eyes. It is an unprecedented level of wealth. Of course it means we are in new territory requiring new policies.

That does not mean it needs to be framed as a doomsday scenario. Hopefully folks will be proactive about this rather than reactive. Waiting until the peasants are revolting to conclude that maybe your policies are wrong, broken and stupid is the unnecessarily hard path forward.

Some sources:

http://www.econlib.org/library/Enc/IndustrialRevolutionandth...

https://www.slideshare.net/mobile/KristinaBowers/educational...