The author discusses the polarized views on AI, with some believing it will herald the end of humanity and others predicting it will replace humanity with machines taking all of the physical and mental labor for humans. His view of AI is at odds with the pessimistic view that it will soon replace humans with superhuman capabilities that humans can currently perform, but others believe it will be faster, better and cheaper. The author argues that we are witnessing the beginning of a new Industrial Revolution and will need to be more responsive to the first-generation of AI systems. He also notes that the sophistication of present-day AI is becoming increasingly sophisticated, with many dismissing it as a glorified autocomplete or a glorifying autocompletion. The article concludes by discussing the potential need for a more generous form of Universal Basic Income, with author suggesting that society should create a society where everyone can live and eat regardless of their earning capacity in an AI-powered world.