[chezelenkoooo]

I don't think it an either / or. The current AI models, as they are, improve productivity quite a bit. They're just super expensive but the expense is being subsidized so it appears reasonable.

An alternative possibility is that the models become much cheaper and their use becomes more ubiquitous which would be helpful.

[zombot]

You're ignoring historical experience. The owners of the means of production have perfected their ability to nab all the upsides of productivity gains, while the workers' best hope is wage stagnation. Combined with the promise of "we'll put everyone out of work" it's just mass poverty and death from hunger and exposure. And if it doesn't pan out, then it's still very few companies that will own the remaining market of LLM use. That's a new quality we haven't seen before, where both success and failure will have catastrophic consequences.