Yes, it will replace human thinking. Thats quite literally the explicit goal of every AI company.

Historically every technological recolution serves to replace some facet of human labor (usually with the incentive of squeezing profits as technology gets cheaper over time, but wages do not).

Industrial revolution == automate non dexterous manual labor

Information age == automate "computational"/numerical thinking

AI == automate thinking

Robotics + AI == automate dexterous manual labor