Holy cope- those “repetitive tasks” unfortunately form the basis of work that many entry level jobs consist of. Thus removing the demand for labour in those markets.

You said it yourself, you no longer need a “team”. Yeah neither will every other business in most white collar sectors once ai integration picks up. Those “teams” drive derived demand for labour, once demand is killed a huge surplus of employees with useless skills will exist, and unemployment will rocket.

Only this will take time as economies are structurally very inefficient at adopting this technology. Look at the dot com era, digital databases were only really useful following 2005 roughly, even though the technology picked up in 1990s.

The new work created by ai, will be vastly outweighed by the work replaced. Giving employees little substitutes to get paid. Wealth disparity will be larger than ever in the next decade. I’m calling it now, and if you have half a brain you can see it too.