AI is actually more revolutionary than people believe, it can do the repetitive human labour 10-100 times faster and doesn't has societal issues, hence in terms

AI is actually more revolutionary than people believe, it can do the repetitive human labour 10-100 times faster and doesn't has societal issues, hence in terms of business sense it makes companies more productive, allowing economy to grow. But instead of natural progression the forces in the industry have been hyping up AI for their benefits. Which ofcourse will have consequences in the long term, I don't think there will be a burst in next 5 years, but I'd say chances highly increase in next two year, if certain conditions are met. Disclosure: I'm not an economist, the observation is based on my understanding of propagation of AI as a developer and founder.