I wouldn't call myself a cynic (I prefer realist), but yeah, in the medium-to-long term I think society as we know it is going to pretty much disintegrate, and it won't be pretty. Not because of technological progress by the way, but despite it. There's enough other forces that will ensure rough times in the future: scarcity of resources, (further) concentration of power, collapse of monetary systems, destruction of the middle class in developed economies, environmental pressure and rising inequality in upcoming economies, the list goes on and on. We've had a pretty good run, but looking at the history of mankind over the last few thousand years one would have to be colossally naive to assume this time is different, and everything will only get better for everyone. Especially when this assumption is based on the belief that technology will save us all.

How do you cope? That's easy: you just don't bother too much about it, in the larger context there's not much (if anything) you can do about it anyway, so you might just as well enjoy it while it lasts and make the best out of it. I prefer a nihilistic attitude: on the scale of the universe me, or mankind in general, are pretty much a blip on the radar anyway, and there will be a moment we're done for as a species sooner or later no matter what. No need to get depressed about it, I just take it as a fact.