That is the dominant idea I have been hearing on the business news shows with interviews with top people in different industries - A.I. will in most cases add a supplement - a tool - to how work is being done more than outright eliminating work. That is not to say some work will not be eliminated by A.I., just that it will not eliminate more jobs than the jobs it will enhance and create.
And, one top executive this morning was pointing out that because of how A.I. gets done - massive A.I. server farms - the infrastructure for A.I. is right now short of electricians and server farm maintenance people (the people that install update and maintain the telecommunications infrastructure) to the tune of about 700,000 over the next decade. When it comes right down to it, some of the old fashioned skilled technology infrastructure trades are jobs A.I. is not only not going to get rid of, but increase demand for.
Eventually most of the AI processing will be done on local devices without the necessity for as many server farms.
Perhaps in ten years, your iPhone will have an embedded LLM as powerful as the ones we have now.