As a society, we have not even begun to think about what happens when large swathes of the population become unemployed. Everyone says they'd love to not work, but no one says they can survive without money. Our society trades labor for money. And I have very little faith in our society or the government to alleviate this through something like UBI.
Previously it was physical work that was made more efficient, but the one edge we thought we would always have as humans - our creativity and thinking skills - is also being displaced. And that too, its fairly clear that the leaders in the space (apart from maybe Anthropic?) are doing this purely from a capitalist driven profit first motivation.
I for one think the world will be a worse place for a few years immediately after AGI/ASI.
Personally I welcome companies to try. I'll laugh all the way to the bank when they need to rehire all the talent they've laid off at a premium to fix the security holes and damage caused by LLMs. Assuming that they survive having their entire company ransacked in the first place.