And, to answer your question, fundamental research will become what it was until the industrial revolution: a pastime for the wealthy or an object of sponsorship such as art.

What, you cannot run an industrial production economy when your scientific research is dome on their spare time by people with day jobs? Who woulda thunk?

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma