No, not as it is. The market will evolve to make room for more jobs as technicians/mechanics/engineers to keep the automated labor force alive. To do this, you need more educated workers. America doesn't have the greatest work force for intellectual capacity compared to other first world countries (per capita.)
That said, because of how things are going with what is involved in achieving the American Dream, millennials are having fewer kids than their parents and grand parents did as it is harder to reach that niche that is advertised to be easy to acquire.
There's a lot of factors in play that make what you suggest less and less likely.
Quick take in looking at it at mathematicians perspective:
Say Company WeExploit has 1million workers. 750,000 of those are labor jobs. If you automate that labor force, that labor can work longer for a lot cheaper and require far fewer breaks.
What does this mean?
It means that 1 automated entity can do the work of three people. So now we're down to 250,000 automated positions. Assuming that these machines rarely break down (a consumer with such large numbers would only get the most reliable tech) you might need one contracted tech/engi per 50 devices. (Generous figure) For every 5 techs, you have a supervisor.
You've effectively "created" 6,000 new jobs that require the maintenance of this new automated labor force. But you were able to lay of 750,000 labor jobs so you could hire 6,000 new engineers/techs. What do the blue collar workers get?
