The AI tool providers need companies and customers to pay for the tools and automation. If all the white collar jobs in the Western world are replaced by AI or AI generated SAAS products, some 60% percent the workforce suddenly won't have jobs. If such a large percentage of the workforce has no income through employment, who will be able to pay for the services from SAAS providers and thus ultimately the AI providers?
The tradesmen working on my house renovations aren't consuming SAAS products during their day jobs.
The white collar workforce can't rapidly switch to blue collar jobs.
So for these companies to remain viable, they need the white collar workers to still somehow end up with enough money to pay for services that ultimately the companies provide.
Maybe the turning point will be a recognition that companies can't only focus on maximising shareholder value. They also need to consider their role in maintaining and improving the societies they operate in.
I work for a bank. There is a strategic focus on the mobile banking app over the web app. Younger generations are doing everything through their phones. Including applying for home loans. Many banks are moving towards being digital only as contactless payments means people are using cash a lot less to the point that physical bank branches don't make sense anymore.