Easy for him to say: AI is almost guaranteed to hand a massive W to capital and L to labor. He is holding a title to rule over hell in one hand and promising to lead us to heaven with the other.
There isn't a single ordinary person at the table, no labour unions, no political parties or anything democratic. It's Microsoft, it's Google, it's some venture-capital owned French firm, some venture-capital owned German firm, etc. Maybe if Schmidhuber's stuff is good as he hopes it is maybe there'll be an Austrian firm, etc., but mostly, it'll be a capital intensive business controlled by people with capital.