Why would it be a good thing?

if executed correctly, it could be a good thing

but what is the good thing? I mean everyone expects more wealth, but technological revolutions usually lead to inequality, a drop in average quality of life, and corruption.

which technological revolutions have lead to this?

Usually the ones that happen at a whiplash pace, like Mao's cultural revolution or the introduction of firearms to Native American populations. New technology needs time to mature and be rationalized by society at-large. Aviation and computing are both good examples, which had half-century long development phases before breaking into the consumer market and (finally) improving quality-of-life for everyone.

AI is just going to exist and rapidly develop outside the scrutiny of standardization. If you're a libertarian or venture capitalist it's probably your wet dream, but if planes and computers were developed like that then we probably still wouldn't have smartphones and passenger jets in 2024.