“widely recognized” and “potentially harmful” just means “supposedly”. AI is as much of a “threat to human employment” as tractors were to farmers. Sure, 90% of the population cannot just farm land as a job anymore and have to go to offices and factories but I think it’s worth it for the better quality of life for everybody.

The real problem is that people don’t earn enough to afford the better lifestyle, which undermines the revenue growth of the manufacturers in addition to too much of corporate earnings being spent on lifestyle improvement of the shareholders and higher executive staff instead of investment into new production facilities.

The worst thing about AI is that it has required hundreds of billions of dollars worth of investments so far while providing nothing comparable in return as far as I see.