This has really always been the disconnect between the semantic web advocates and the skeptics like me. It's not that I don't buy your analysis of the benefits... it's that I do not and never have bought your analysis of the costs. The only question I have is how many orders of magnitude they undersell it by. It's certainly a non-trivial number.
What AI will do is basically swamp the semantic web. The problems the world will be dealing with with AI, like the deluge of AI-generated meaningless garbage, training AIs accidentally on other AI-generated garbage, the complete overwhelming of all human voices by AI voices by sheer weight [1], will be so large and pressing that the problems of the semantic web will just get washed away in the flood. And, sadly, the tools of the semantic web will be effectively useless to help; all the signals they are based on are even easier to forge than a human voice in arbitrary text. No help at all.
[1] What will it look like to live in a world where for every kilobyte of bespoke humanity I produce, an AI can produce megabytes? What will it look like when someone can afford to use AI to build an entire Reddit, just for me and only me, and isolate me there?