I think it's safe to say we have the empirical evidence that this method works.
After that, the article turns into an ad for the author's book. Did this prediction miss from the manifesto? That everything eventually turns into ads?
This makes "scary" a fine word for the headline.
We do not want former geniuses turning into killers because of powerful technologies gate-kept in the name of "safety" or giving impractical zero solutions such as UBI which does not work.
Part of a practical economic solution and may not be perfect so far is to use local AI for people to get paid for inference for running a node like this: [1].