Right. I agree that in our current society, AI is net-loss for most of us. There will be a few lucky ones that will almost certainly be paid more then they are now, but that will be at the cost of everyone else, and even they will certainly be paid less then the share-holders and executives. The end result is a much lower quality of life for basically everyone. Remember what the Luddites were actually protesting and you'll see how AI is no different.

This is exactly what I see as the risk. However, the elites running industry are, on average, fucking idiots. So, we have been seeing frequent cases of them trying to replace people whose jobs they don't understand, with technology that even leading scientists don't fully understand, in order to keep those wages for themselves, all in-spite of those who do understand the jobs saying that it is a bad idea.

Don't underestimate the willingness of upper management to gamble on things and inflict the consequences of failure on the workforce. Nor their willingness to switch to a worse solution, not because it is better or even cheaper but because it means giving less to employees, if they think that they can get away with it.

White collar never should have been getting paid so much more than blue collar and I welcome seeing the Shift balance out, so everyone wants to eat the rich.