You can't have falling salaries and rising prices for a very long time before society collapses. It would have domino effects to the point of anarchy, people lose their jobs and banks become landlords, but the houses are worth nothing so banks collapse, with it goes the stock exchanges. Now there's no financial system in place at all, and all you're left with is strawberry picking robots and some tech billionaires living on their islands with their robot pets and flying cars.

Now if all these resources were instead put into actually improving things, then we'd be far better of, unfortunately, for all the intelligence the people behind these things possess, they seem to be stuck in the "lets do the same but faster" mindset.