> If all jobs were taken by AI in a short time span, the companies owning and operating those AIs would go out of business as no one would be able to afford the products made by the AIs

I think The companies would go out of business if the government did not subsidize them as a matter of public or national security interest. Do you think that would not be the case? It doesn't take much for a company with money to lobby for this and for the power of marketing and mainstream media to make the public perceive this as the right decision - in fact a study of our history would reveal this as the more likely scenario so as a company racing to render the labor market obsolete its in their interest to disrupt it to capture any amount of it.