The same kinds of essays were written about trains, planes and nuclear power.
Before lindbergh went off the deepend, he was convinced that "airmen" were gentlemen and could sort out the world's ills.
The essay contains a lot of coulds, but doesn't touch on the base problem: human nature.
AI will be used to make things cheaper. That is, lots of job losses. must of us are up for the chop if/when competent AI agents become possible.
Loads of service jobs too, along with a load of manual jobs when suitable large models are successfully applied to robotics (see ECCV for some idea of the progress for machine perception.)
But those profits will not be shared. Human productivity has exploded in the last 120 years, yet we are working longer hours for less pay.
Well AI is going to make that worse. It'll cause huge unrest (see luddite riots, peterloo, the birth of unionism in the USA, plus many more)
This brings us to the next thing that AI will be applied to: Murdering people.
Andril is already marrying basic machine perception with cheap drones and explosives. its not going to take long to get to personalised explosive drones.
AI isn't the problem, we are.
The sooner we realise that its not a technical problem to be solved, but a human one, we might stand a chance.
But looking at the emotionally stunted, empathy vacuums that control either policy or purse strings, I think it'll take a catastrophe to change course.