What does it represent to you? Once upon a time the idea of robots or machinery doing all our work for us, it was a dream. Only under capitalism is that a bad thing, because then people won't be forced to work for unedible money. AI could be a great thing. Under capitalism though, it represents something potentially terrible.
Tell me something, if AI technology applied to protein folds helps us discover a cure for cancer or alzheimers, would you refuse the treatment "because it's AI"? Then apply that to any other technological shortcut that created our modern medicine, like MRIs and CT scans or EKG's. Are those great technologies, or "a ton of lost jobs that humans could have done"? "CT scans are bad because it requires less brain surgeons," or "EKG's are bad because a human could be doing those measurements but have been cheaped out by technology." "What about the cognitive offloading from pocket calculators?" (A real argument made at the time, btw.) Did you know that in Victorian times it was someones job to walk down the streets ringing a bell to wake people up in the morning? People were paid to knock on peoples windows so that they could wake up at a certain time. Are you mad at alarm clocks for taking their jobs? How is AI any different but just on a bigger scale? What are the problems that AI implementation and shortcuts that DOESN'T have to do with relying on a paycheck to live? Is relying on a paycheck to live the only way a society can function? Or does capitalism depend on that, and anything that shakes that is potentially dangerous to our capitalist-centric society?
Capitalism can't handle AI. That's not AIs fault, that's capitalisms shortcomings and inherent unsustainability. Everything wrong with AI is just capitalism, I have yet to see evidence prove me otherwise.