Well, of course it will. The whole story of the industrial revolution - which is arguably still going on - is about the replacement of people by labour-saving machinery, in order to drive down costs. Which is fine if those people can walk into new jobs - otherwise you generate unemployment, which drives down wages too.
I wonder if Britain's 650 MPs, few of whom have any work experience outside the world of politics, would be able to make the transition? Because once you program 650 robots to vote in accordance with the desires of the European Union, big business and other lobby groups, you won't need those £65,000 per annum (plus expenses, pension money and redundancy pay) parasites sitting on the green baize benches any more. It also follows that the red benches of the House of Lords could be occupied by robots too, each wearing ermine and coronets for the state opening of Parliament. By a robot Queen, programmed to mindlessly rubber-stamp bills into law.