Is it? If "others with AI" deliver what you consume, it should also make it easier to deliver more than you consume because what you consume becomes cheaper.
Maybe a part of the anxiety is the realization that much if what was delivered by well-paid people before AI is actually not something the very same people want to consume?
Problem is that "others with AI" aren't producing what I consume, i.e food, heat, clothing, housing and health care.
They're just producing what I produce, i.e software.