I see both sides of the "debate"
First, corporations (who are people) are greedy corksoakers. They don't really care for any collateral damage IF they can make a buck.
China (and others) are not bound by two completing political parties in a death spiral against each other...they aren't going to slow or impede any progress. What does this mean? Its MOOT what the democratic "world" does, because they (China et al) aint buying it.
I DO think there are dangers. We've already seen A.I. go rogue and attack outside their "mission". Is it full on Skynet? Whos to say? I mean, with the interwebs being globally connected, its not out of the realm of possibility?
Shutting down power plants, opening flood gates, fooking with air traffic control, contaminating water supplies, scrambling satellite signals...so many realistic possibilities.
And...thats ONLY considering if A.I. has a mind of its own. Bad actors can also USE A.I. to do horrendous damage themselves.
The one guy who said A.I, will replace large numbers of employees is dead on as many on this site can attest. I think thats the TIP of the iceberg, the layoffs have only just begun. I don't see A.I. creating more HUMAN jobs than it ki-ls. Hopefully someone has a more positive spin on that potential.