Do you think Generative AI will create more jobs than it is going to take away?

I doubt, because:

Generative AI makes low-skill but time consuming work simpler.

Earlier it involved hiring a full time person, now a tool can pretty much do a good job.

3-5 years before the AI powered human workforce will do more work.

Recently, a friend made a video using patching up of AI video clips, took in 8-12 hours while the freelancer was asking for 24 days.