We live in a capitalist society: workers produce wealth and capitalists control wealth. The day AI allow capitalists to produce wealth without workers is the day workers become useless. Of course one could imagine that AI allows to replace capitalism by something else, but for the moment that's not the way society is going too (more the reverse)
In what fairlyland do you live in that the AGI invented, created, owned, run, etc by the ownership class poses any threat to said ownership class? AI is absolutely not our Ally