Everything looks to be a lot different. Once AI is better than humans at knowledge work, why would you even keep human in the loop? (That's assuming AI reaches the level of being better than humans - I'm not arguing for that assumption, but about it's consequences and that in this scenario we won't get much new jobs).
You can give a workman a power tool and he shouldn't instantly assume that his housebuilding job is under threat, because corporations will build a house-building power tool.
Why won't he think that? Two reasons: 1) any tool that becomes more powerful tends to become more specialised and expensive to operate, so an electric drill doesn't scale to a house-building drill without incredible tradeoffs, and 2) he isn't reading a million breathless class warfare-igniting articles whose writers are paid through attention.
Isn't that exactly what is different about AI automation? AI is more generalized and cheaper to operate.
And as I've noted above that's jus assumption (to show that AI is different than previous displacements), I'm not making actual claim that LLMs will be better at knowledge work than humans.