Rest of your analogy/arguments are just a lot of nonsense too.
Electricity is valuable, and by that logic Siemens Energy should build and own all factories under the sun. TI should stop selling their calculators and compete in Math Olympiad instead!
It's a tool tho, not a panacea. With the right guidance, for example, you can get some good code results.
Catch 22 --- In order to pay for itself, AI needs to eliminate the very jobs that build the experience and expertise necessary to provide the "right guidance".
At the same time, this will restrict production of quality content that is needed for model training.
In other words, AI creates a self degrading/defeating feed back loop.