Sure, and there's a secondary point where if the need for labor no longer makes wages the primary mechanism by which a corporation pays its way in society, we may need to compensate with other forms of tax or cost of doing business.

I don't directly begrudge a company or CEO their profits and paycheck, but if corporate profits are at all time highs while investment in infrastructure, education, healthcare, etc. are inadequate, that points to an imbalance that isn't being solved by the labor market.