> if AI replaces work wholesale right now billions of people will die before society is reshaped accordingly.

Don't worry, the economists will slap the label "natural readjustment of labour supply levels" on this phenomenon, and it will make everything morally better.

Edit: in fact, we have historic precedents in e.g. Indian famines and how the British administrations talked about them and handled them [0][1]. Ah, malthusianism and undisguised racism, what a mixture. Of course, nobody counts those as part of "the millions of victims of Capitalism".

[0] Rune Møller Stahl, "The Economics of Starvation: Laissez-Faire Ideology and Famine in Colonial India": https://www.researchgate.net/publication/304189843_The_Econo...

[1] Jayant Chandel, "Political Economy of Famines in the British Empire: An Analysis of the Great Famines in India from 1876–1879" (PDF): https://www.journalofpoliticalscience.com/uploads/archives/8...