I think maybe the reason this didn't happen is that promises like the former are quickly verifiable as something it can't actually do, whereas promising to replace all labor *in the future* is a goalpost that's conveniently mobile. (Since, largely, the real customers are VCs etc, not people)
I maintain that consumer AI products would have been received very differently if they were launched with promises like, "You can query this to sort through your inbox of 50,000 emails" rather than "What if artists starved in the streets? :)"
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