Yes it will OP.
Imagine a world where humans, even the most brilliant, talented and experienced individuals, are the least intelligent minds in the room. A world where knowledge has no value, because infinite knowledge is available, immediately. A world where virtually every electronic device is more intelligent than we are.
There may not even be any schools as we know them because knowledge will no longer be necessary to remember. Your children's lives will change, the old way of school, college, job, will no longer be appropriate. Even jobs may no longer be needed in the sense that we understand.
AGI, that is the state where a computer is able to think, reason and communicate as we do, is likely less than a decade away. We have no word in our language for how disruptive this technology will be. And no idea of the consequences.
Take a look at Boston Dynamics current android on YouTube, consider Atlas or Tesla Bot, now imagine them with an AGI operating system. This will happen sometime around 2030. We will then have limitless, salary free, 247 capable human replacments. What use will people be then in terms of employment. This isn't some far fetched conspiracy theory. This is real, it's happening, it WILL happen.
Think of the invention of the airplane. The right brothers first flight was in 1903, by 1916, we had dog fights in fighter planes over the trenches of WW1. In terms of aviation, A.I is at the Biplane stage. But thr jet fighter and Concorde are only five years away.