This is the whole premise behind Star Trek, and one form a post-scarcity civilization could take.
As a tangent, Star Trek’s technology is both magical and primitive, in that they can harness and focus energy levels that match stars routinely, they can literally form matter from raw energy and influence the fabric of time and space itself and even break causality if they really try, but despite this have almost no difference in how they are born, grow up and die.
I get the show is trying to make a relatable universe, but if we reach that level, we will also have reached so many other advancements in every other facet of existing as a human that our species itself would be utterly unrecognizable and we probably wouldn’t be worried about how real our steaks taste.