Yes, the humans who control this system will surely evenly distribute the spoils of this new revolution among the people who have no stake in it. Certainly it will not lead to a kind of hyper-poverty not seen in recent human history where near demigods and subhumans are technically the same species, but only until the AI starts working on genetics.

Who controls anything? That's one reason I'm highly optimistic here. You can already performantly run frontier level models on systems with $1600 tier video cards. A couple of years ago it required supercomputing clusters. At this rate frontier tier models will be running on any plain old computer in a couple of years.

If LLM's reach their potential we're speaking of access to generalizable high quality cognitive labor for something approaching $0, for everybody.

Competition will drive down prices to zero, so we'll all be demigods.