that's only partially true.

AI can innovate in synthetic-realm of novel ideas, while real-world novelty will remain untouched.

There are different types of novelties

If AI could innovate it wouldn't be a public product. It would be a cash cow. Why give your customers the ability to come up with new and amazing ideas when you can just keep it for yourself and launch a thousand products? USA is a capitalist society. It doesn't share profitable ideas.

And if AI was really about productivity they'd be talking about doing more faster with the same workforce, not reducing the workforce.

if you like, the business model is called Innovation-as-a-Service :)

That's perfectly aligned with capitalistic motivations

What is a "real-world novelty" and what prevents AI from touching it?