I think it's worse than that.

The biggest market for AI, possibly even bigger than tech, is mass manipulation, lying, and scamming. Destabilizing countries has never been easier now that social media and messengers allow believable lies and manipulation to spread like wildfire, and the AI industry has massively reduced the cost of believable lies.

Up until a few years ago, believable videos of politicians or famous people or people targeted for blackmail were expensive and required acting or VFX work. Now anyone can do it with a handful of dollars and half an hour to spend.

The industry is threatening to enrich the elite by taking people's jobs in economic uncertain times while at the same time resource hogging data centers are popping up all over the world like weeds. Big AI couldn't be more dislikable if they tried.