lol, no. It’s currently being deployed in feverish attempt to remove jobs.
I see company doing layoffs left and right because they can do the same or more with less employees. I’m not seeing any companies feverishly hiring engineers because the productivity per hour of labor is higher.
There is also no guarantee that AI will lead to any social safety net, they are orthogonal concepts.
The only thing that would lead to a social safety net is political will and currently all the political will behind the technology firms building AI appears to be firmly behind dismantling democracy and becoming oligarchical leaders of their little fiefdoms while the rest of us can get fucked.