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Haha thats just how capitalism treated every technological evolution. Society develops a new thing that could ease the work of thousands and enable more spare time. But instead this time is used to create even more tasks. Only difference, that ai does not really speed up things that much right now
It feels like its always the same with big companies trying to please their stakeholders. They just manoeuvered themselves into a very bad corner by planning super short term and trying to milk each product to their limits. All of this because they were super dominant for a long time. But as soon as they experience pressure by amd, apple m1 series or qualcom, to actually perform, they crumble under their own short term planning. It feels like their existence ist onley based on their reputation from several years back and the lack of research done by the customers