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RE: Elon Musk: AI will make jobs “pointless”, so focus on people and art
I guess you're right. What you're describing will be the reality at some point but we'll move quickly past that point, I think. What will follow might be AI which is indefinitely smarter than us and which might render not much the economy but humans pointless.
That's what Elon Musk means when he says we're just a "bootloader" for AI. "Our Final Invention" also talks about this.
https://www.amazon.com/Our-Final-Invention-Artificial-Intelligence/dp/0312622376
For better or worse.
So, now is the time to figure out exactly what role we can play in a world like that. It's not all doom and gloom but we need to give it some serious thought. Right now we're largely unprepared.
Materially and logical smarts I agree with you, in many other respects (i.e. common sense and from the creative side of the brain) I do not.
That idea seems more of a marketing ploy or scare tactic for the obscenely rich to get poorer people to finance their AI effort. To me, AI is like a well crafted painter's brush vs finger paintings that we would create without AI. While we can be fooled into thinking AI is human-like, at the end of the day, it takes a human to provide "true" value for the human soul.