Earlier quoted context omitted.
Totally disagree. You could have said the same of Industrial Revolution. Yet here we are living better lives from the technological breakthroughs. AI will just usher the next industrial revolution of the modern era.
Worth pointing out, we live better lives not just from the technological breakthroughs, but also from the social movements that have brought us things like the 40-hour work week and keeping children from labour for a reasonable time. Which were direct responses to the Industrial Revolution.
Take North Korea, they have access the the know how of all the same advancements and yet because of social conditions, it's population is not thriving.
This is true of many countries honestly. The impact of social justice, equality, and all that are huge. And can't be understated.
In fact, we can all easily imagine an Elite ruling the world at the helm of AI powered robots, leaving the rest of us to scrape the bottom.
Social breakthroughs are going to need to keep pace with technological advancements, otherwise those same advancement can also help to bring minority holding power even more stronghold on the rest.