No one shed a tear when the carriage drivers lost their jobs. Except maybe the carriage drivers and their families.
Or they won't, and we will have a wave a depression, suicide, and populism.
The critical factor is the rate of change.
In the 1880s, there were at least[1] 150,000 horses in New York City. How did the industrial revolution work out for them?
Industrialization was about replacing muscles in niche after niche and muscles are what horses supplied. AI is replacing brains.
1) https://99percentinvisible.org/article/cities-paved-dung-urb...
The idea that new jobs will always arise is not a law of nature, it's only an empirical observation that keeps on being true, until one day it doesn't.