Its my understanding of the system we have now that it sees labor in developed countries as too expensive. So expect shifts to enable working over the Internet from elsewhere, online services or guest worker schemes which allows foreign companies to use their labor from home in other countries for periods of several years or more without paying wages required of domestic firms in the host country.
Either way, most of the people in the expensive countries become become unemployed and even those with extensive skills find it harder and harder to support themselves.
Profits are channeled upward. Social Security systems, dependent on a domestic workforce and starved of funds by their being replaced by corporate entities from elsewhere which are given market access to replace all government services with private ones will fail to offer any cushion as billions of people attempt to cash in their investments at the same time.
Its also recognized by many that investments of all kinds will also tank, because their values are dependent on customers and buying of services and products. A loss of faith in democracy (which in fact was gutted in the 90s globally by the creation of the WTO without telling anybody) will cause profound shifts in how people view it.
]Hannah Arendt wrote about something called "atomisation" of populations that occurs.
People will be on their own and isolated and governments hands will have been tied by WTO, World Bank, IMF, FTAs, ISDS and similar.
Under so called 'free trade" corporations from all around the world will have freedom and equal rights to profit from business with the dis-empowered without government interference. Its hard to say how this will end up. It is likely to be a feeding frenzy but ... it may not even matter in the final analysis, though, because..
Its possible that at some point intelligent machines may simply evolve beyond us and replace us.
They may see us as not worth saving because of how we treat one another. Think of children who grow up with parents who hate one another - children of bitter divorces, seeing their parents forever fighting with one another and trying to get them to hurt the other parent.
There is a very real danger of that happening I think. Not today, not tomorrow, but say three or four decades from now.