It will recombine the existing resources in new ways. Neanderthals had access to exactly the same natural resources as we have now. Obviously we do much more with what we both got, then they ever did. Obviously it's not only the availability of some atoms or molecules, but what one does with them, how one recombines them in novel ways. For that one needs knowledge and energy. And the later mostly turns out can be derived from the the former too.

Obviously it's what we do with them, the biotech manufacturing and nuclear power production revolution happened pre AI. The reason it hasn't replaced petroleum is economic and social.