Even humans have gotten shocks like this. Things like the Black Death created social and economic upheavals that lasted generations.
Now, these are all biological examples. They don't map cleanly to technogical advances, because human brains adapt much faster than immune systems that are constrained by their DNA. But the point is that complex systems can adapt and can seem to handle "anything," up until they can't.
I don't know enough about AI or LLM's to say if we're reaching an inflection point. But most major crises happen when enough people say that something can't happen, and then it happens. I also don't think that discouraging innovation is the solution. But I don't also want to pretend like "humans always adapt" is a rule and not a 300,000 year old blip on the timeline of life's existence.
Automating thinking and self-expression is a lot more dangerous. We're not automating the calculation or the research, but the part where you add your soul to that information.
It's remarkable that reading and writing, once the guarded domain of elites and religious scribes, are now everyday skills for millions. Where once a handful of monks preserved knowledge with their specialized scribing skills, today anyone can record history, share ideas, and access the thoughts of centuries with a few keystrokes.
The wheel moves on and people adapt. Who knows what the "right side" of history will be, but I doubt we get there by suppressing advancements and guaranteeing job placements simply because you took out large loans to earn a degree and a license.