It is reasonable to believe A) AIs are a poor substitute for a human at most jobs, and B) company management is still going to replace people in search of short-term profits, even at the expense of long-term stability.
Those two things are not contradictory.
Second, "AIs cannot create new, original things" is not the opposite of "AI can produce deepfakes". That would be like saying every shuffle of a deck of cards is functionally unique (true), therefore I invented a new card game (false).

Wow, I haven't fired this game up in probably 25+ years. Had no idea it was still being played at all.