⏳the permanent underclass theory is wrong

There's a story going around right now that goes like this: AI is going to take all the jobs. Most people are going to get stuck in a permanent underclass. The future is bleak. I get why this story is sticking. Jobs are getting cut. AI researchers are quietly (and loudly) saying most people are screwed. The models are getting better and faster than anyone expected. Exponential curves have a habit of being hard to understand. Project that forward in a straight line and yeah, it looks kind of...