There seem to be two possibilities:

1. AI can't do some things humans can, and that doesn't change.

2. AI turns into something that can do everything. Humans become unnecessary.

We're currently at #1. Google may want to keep you in their AI playpen so all your clicks can be monetized directly to them, but they still need the data humans are creating. They're just not paying for it.

In world #1, humans will get less work, but creative and original work will still be valued because AI can't do it. There will, of course, need to be support for all the people striving to create such work while they're gaining the skills to do so. In world #2, humans are getting no work. Neither one of these worlds functions if all the proceeds of work go to a small number of billionaires. Wealth will need to be redistributed so people can live and, if still necessary, do the things AI can't.

Regulations need to catch up with what Google is trying to do here. It's currently theft and, even if we reach the point where they no longer need to crawl the web for input to their AI, their wealth will need to be redistributed. Sucking the entirety of human knowledge into a LLM and then profiting off of it without paying the humans who created that knowledge is not a business model that can remain legal for long.