It's not about "this time's different" but rather "the recovery will take too long to an individual" if AI is indeed replacing humans as currently hyped by the model companies.
This seems a bit like a corollary to "The market can remain irrational longer than you can remain solvent". On the timescales that matter to an individual it won't matter if the eventual conclusion is that AI can't fully replace workers, because companies are going to do their damnedest to try.
I mean you could have written this article for mechanization word for word, I think the difference is that its coming for the white collar folks this time, who also are the folks writing the think pieces and media.
There's no evidence that AI is replacing human jobs to any real extent. We're just seeing AI being blamed for ordinary layoffs that have more to do with broad economic instability.