During the Industrial Revolution, many jobs became unprofitable, but others took their place.
In this case, if they get everything they want with AI, then what is the gain for us non-business people? What Jobs are being created?
The part that they don't tell you about this, or that people seem to have collectively forgotten in history, is the Gin Craze.
When the Industrial revolution kicked off in Britain, it basically killed off the guild system and cottage industries (think Etsy for cottage industries, the guild system being Unions + Mom&Pop, Temu for the post-Industrial revolution paradigm).
During this period of rapid change, most people within the cottage industries and the guild system
didnt find new jobs. They turned to the drink, to gin, and this is basically the period of British history which inspired Oliver Twist. It wasnt a good time to be around.
Many of these people never recovered, or re-skilled, simply put. It was the
next generation that largely re-skilled to industrialization, with some input from some guildsmen (we can get to that with the luddites and proto-unions, if you want).
Even so, with industrialization, labour standards dropped
drastically within the new worker's paragidm. Imagine going from working in a cottage making a coat by hand, to working in a factory, a hell-mill, and getting your hand crushed by a machine because a thread on your sleeve got caught in a gear.
This really launched the labour movement as we know it, and the fight for workers rights began during this period with the collapse of guilds as well amid all of this.
So its like, yeah- we eventually got new jobs, but it wasnt as simple as "old jobs gone, heres new ones"
People who say that old adage are historically illiterate.