I’m sure I wasn’t the first to analyze the problem as resulting in a really small group of ultra wealthy elite people who get the advantages and wealth from the “tool” of AI, while tens of millions lose their jobs and thus are separate to get housing, food, clothing and electricity. And the end of the jobs arriving much faster than the government money ready to go to the people in socialism.
Read an interesting article that basically said when the smoke clears Apple is going to be the big winner, because they are focusing on how to embed the AI technology in private devices, instead of focusing on LLM Models that take up all of those data centers.
Of all people, Rick Beato had a very interesting take on AI, and how it will parallel what happened in the music industry.
How AI Will Fail Like The Music Industry
https://www.youtube.com/watch?v=YTLnnoZPALI
The model for that was the deindustrialization, offshoring of industry and blue collar jobs that could support a family. Now in addition to H visa replacement the white collar workers face AI replacement. A brave new world.