[encyclopedism]

I tend to agree with your assessment. The increase in demand cannot possibly equal the loss from AI.

Given projections of AI abilities over time AI necessarily creates downward pressure on new job creation. AI is for reducing and/or eliminating jobs (by way of increasing efficiency).

AI isn't creating 'new' things, it's reducing the time needed to do what was already being done. Unlike the automobile revolution new job categories aren't being created with AI.