I'm leery about AI because - like all new things - it is ripe for abuse, and the abusers are always the very first to step up.
Will it put people out of jobs? Well, here's a bit of a tale I already experienced with my great-nephew...
My great-nephew showed me a picture of him playing basketball. It was done in a very artistic style, like a painting, and in a specific genre he liked. It was incredibly detailed and very well done. He told me he made it, and I asked if he did it in his art class. When he told me he described what he wanted and an AI program generated it, the very first thing that crossed my mind was "I wonder how many graphic artists just lost their jobs because a kid with a smartphone can now make images that used to take both time and creativity and had a certain monetary value associated with them, but now are literally on-demand, created in mere moments, and essentially free?"
We are all familiar with great graphic artists such as Normal Rockwell. I've met a few over the years who have done cover art for hundreds and hundreds of books (my favorite was John Berkey). Every one of them could literally be out of a job. When you expand that view, just about any job that a person did on a computer (designing clothes, magazine and newspaper layouts, designing cars, and thousands of other similar jobs and careers) can be replaced by AI for a fraction of the cost and aggravation of hiring a person. This transition is not going to happen overnight, but it will be uncomfortable...