You are thinking too small.

The goal of AI is NOT to be a tool. It's to replace human labor completely.

This means 100% of economic value goes to capital, instead of labor. Which means anyone that doesn't have sufficient capital to live off the returns just starves to death.

To avoid that outcome requires a complete rethinking of our economic system. And I don't think our institutions are remotely prepared for that, assuming the people runnign them care at all.