Even worse.

These tech broligarchs know AI is fundamentally flawed and incapable of taking on the majority of jobs they market it to. 

What's happening is the world seeing just how incredibily fucking stupid beyond comprehension the rich are. CEOs don't listen to advisors, or make decisions based on knowlegable people. They're fucking toddlers who pick the shiniest option that is marketed as largest small term payout.

So these dumb fucks see AI, see their flboyant but scamming figure heads espouse it'll save them billions on human labor, and assume AI is magic and can take over their companies just fine.

The AI CEOs make billions (personally, their companies make no profit until the US gov inevitably subsidizes them),

the buyer CEOs make billions in the short term and bail before their companies go tits up,

And the working class sees the US economy collapse, and only they will feel the effects.