Socialists should be hoping that the promises all the rich guys make about AI come true. This would create massive revolutionary potential in the US and rest of the world just like that. If AI replaces even just a portion of jobs that could result in sustained structural unemployment rate of like 10-20% possibly even greater. We will see a mass concentration of capital and thus mass proletarianization of the petit bourgoeisie as consumer spending craters. Big businesses will pivot to b2b and luxury markets to retain whatever profit they can but most small businesses wont be able to survive. This will also kill job hopping culture which was a major factor in weaking unions.
I've become convinced more and more this is inevitable soon and you all should be preparing for it. Even if the bubble pops that doesn't mean the end of AI. That just means it becomes centralized to a few surviving players, most likely google, who, unlike openAI can afford to burn millions a day for a very long time and will most likely get gibs from the government to keep it going until its profitable. In fact if the bubble pops it becomes even more likely that AI will actually be profitable.
And no, UBI is not coming, especially not in the US. Even if it did it would not be nearly enough for people to afford to live in most places. Most UBI proposals dont even cover a month's rent in most places, and past UBI experiments have had mixed results.
So yeah buckle up everyone, I hope you're ready.