>And also when "the rich" have more profit, they now want to spend that profit on things

In general those things that "the rich" buy are scarce assets - stocks, housing, land, etc. all of which keep getting bidded up in price. This does not generate jobs.

>spawns new luxury good industries.

Trickle down never worked.

>Of course, the news cycle and the sob stories always revolve around people losing their existing jobs, but there is new jobs around that previously didnt exist. Jobs that people previously never thought was even "a job".

The number of jobs available is politically not technologically determined. AI doesn't automatically destroy jobs in aggregate but this is what the economy is currently programmed to do (via the mechanism of higher interest rates), so this is what companies are chasing with AI.