If automation-based job displacement is that widespread, either the government steps in with expanding welfare in some way (UBI or a jobs guarantee), or we'll have a lot more going wrong than "will my apartment building be profitable?" But in reality, I'd probably split my investing somewhat between real estate and index funds. Corporations are likely to do amazing as automation increases. (Again, if we get to the point that literally no one can afford to buy the things corporations are selling, there's not much you can do other than stock up on canned food and a shipping container in the woods.)