We are already at a point where the richest 10% of Americans represent half of total consumer spending. A lot of companies would fail but plenty of them would survive just fine if we assume AI won't take literally ALL of the jobs.

As for the civil unrest, I see Minneapolis as a bit of a dry run of what it would take to remove large numbers of presumably poor minorities along with anyone else who objects. The job is clearly more than the leadership expected but it still seems within the realm of possibility given the fact the minority party leaders are barely saying no to those in power.