If AI is controlled by the current players, this is the most probable endgame of the current AI trajectory. Not human extinction, but a permanent dystopia where most of humanity is manipulated 24/7 for profit by a few advertising companies. I remember when I actually believed computers would make us more creative, more productive, more self-realized. That they would make lives better. A lot of people used to think this. It’s still a possibility but now it’s unlikely to be the winning side. Now, human life and human culture are just seen as something to strip mine for profit, and tech is the most efficient way to do it. And there’s so much money betting on that side, they’ll probably win. A sad end.
I don't understand people who simultaneously predict "Industrial Revolution" changes in tech and "business as usual" in the economy. Ok, we have robots that can do anything. And they're going to be controlled by... The identical entities that were here before? "AI will be controlled by corporations." What corporations?