The horses never recovered. We kept recovering as we kept moving into higher and higher level intellectual work, or natural language work and customer interaction (like sales teams, service reps, store clerks, tech support, call centers). All this is directly replaced by AI now. Low end and high end.
We have nowhere to run anymore. The idea we'll all be given god-like AI to wield insane leverage, simply because we're humans, is laughable. Think of the intellectual level of an average human. Think what the average voter is like in your country. Now, as Carlin joked, realize half of them are worse than that. Heck even think of our elite, our politicians, think of Trump, think of our top businessmen like Elon Musk. Most humans barely have the discipline to do the jobs they're doing now, where they can do a lot less damage than if being chimp-with-a-machine-gunned by given an army of AIs and robots to control.
We're being obsoleted. And the faster we are the better as we're a danger to ourselves if we actually decide to rule over AI, and we'll be played hard by it (no, AI doesn't have to "want" anything, but drugs also don't want anything and trick people into overdose and death).