Or each person (moral, physical or AI person) will be able to have that much more leverage in their entrepreneurship.

The industrial revolution eliminated 60% of the jobs and gave birth to communism/socialism/a reaction to the wear of workers by a powerful people.

Subsequent revolutions also gave much more leverage to the "guy in his garage in the Silicon Valley". My wishful thinking hopes that AI will enable us to take up much bigger projects, each of us. Writing a symphony when you're alone? Creating a band, 2 albums, with all the matching marketingware and tv ads, in just 2 weeks? Developing a custom processor as a startup of 3ppl? Creating a new model of car every week? My gut says we'll invent enough fashions and arts to keep us busy.

But there sure will be a lot of poverty and reactive movements. A bloodshed, at least as much as today.