If civilization is going to end, why keep your equity? Microsoft, Google, etc for example all know these risks but they don't guide their revenues to reflect that AI will destroy them. Why?
Things don't currently add up, and so far it feels like a lot of alarmism is borderline grift for equity gains. Not to say I have total confidence this will all work out or that I won't be displaced, but as it stands a lot of the alarmist rhetoric doesn't match their actual behavior, which to me is more important than words.