If the result will be huge job loss doesn't that mean the overall buying power of all across all economies will go down drastically which begs the question who will buy the stuff that these companies that get rid of people are making?
So there is also a question, what would be happening to these.
These people making these kind of grand pronouncements either have an embarrassing blind spot, or are not making sincere, but carefully calculated statements.
Just via competition, Chinese researchers are doing much more than Bill Gates could ever hope to do through 'thought leadership' spread the benefits of generative AI.