It's fun to make fun of HR, but this is going to affect a lot more than that. Law firms will have a handful of paralegals running AI. This increases productivity for the firm, but removes a lot of people. At the same time, these things are NOT anywhere close to being error-free. So you might have a batch of lower paid paralegals merely double checking claims from the summary AI spits out. But they will no longer be doing anything other than management and review of the AI.
Think of any industry with data analysis, planning, writing, research, coding.. now replace 75-90% of the people in those roles with AI. The rest merely manage, review, and forward reports to leadership. And that's just with AI in its current and immediate foreseeable capabilities. If it keeps progressing at this pace, architects, engineers, finance, etc all start to be replaced with only an essential core staff to review, manage, and report what the AI designs / calculates.
The first hit will be the lower-level jobs. And it's already started. Next will be those comfortable middle class to upper middle class jobs.
While we will be ok in the long run, just like in the industrial revolution, there will be a depression first. This will absolutely create a new economic paradigm. But ending the current one only comes with pain, especially with worldwide debt loads at unsustainable levels that can't even be slowed down. Once unemployment explodes, and it will, the pain will start. This will take 1-2 decades before we find a bottom, form a new structure for the economy, and begin to pick ourselves up again.
Anyone thinking we just progress into an AI driven society without significant pain first is absolutely delusional.