Both things can be true at the same time:
1. tools like this are going to be exploited by corporations to extract money from people.
2. tools like this will provide great benefits for the average person.
We are currently exploited by corporations, arguably more than in the past, and yet we have the highest standard of living in history. In large part due to technological progress.
They were built by the same companies doing the exploitation. They didn't invest billions of dollars without any kind of goal what they are building this for.