FWIW, you'd probably be able to buy a lot of goods and services for $7/day, if robots were doing literally all the work.
Agreed. The quality of life bar will be higher for sure. But it will still technically be a "subsistence" lifestyle, with no prospect of improvement. Perhaps that will suffice for most people? We're going to find out.
> if robots were doing literally all the work
Let me know when ChatGPT can do your laundry.