Millennial here. It's a cool new tool, but we need to take care not to abuse it. As the saying goes "when the only solution you have is a hammer, every problem looks like a nail."
Higher levels of automation are inevitable - no legislation is going to stop that, nor should it; but that is NOT compatible with our current economic model, so we really need to be cranking up things like UBI and separating access to healthcare from employment.
We also need to stop calling machine-learning algorithms "AI". The day we make actual AI is going to be a major turning point for humanity, and it's also going to confuse a ton of people because of this boy-who-cried-wolf shit.