First, AI will allow someone from a different country to do my job for a much lower wage. It's just a matter to time until my company does it and ChatGPT would allow them to plan to do this immediately as soon as someone high enough up realizes they can save $30 million a year replacing all of the people in my division in the US.
So, it will initially create a lot more jobs in low wage countries. Won't be so great for me though.

Then it will replace all of those jobs.

Speaking of history, this is sort of like telling Native Americans in 1820 that they just failed to see the potential of what the white man's technology could do for them.

Untethered AI is an existential threat.