It will be beneficial to some and negative for others. New technology and productivity gains creates new jobs while also destroying others.

The automobile combined with the assembly line destroyed a vast amount of jobs connected to the old system, but also created new higher paying jobs.

But remember that the Future is here, but is not evenly spread. Block is just one of the companies that is ahead of the curve, since they operate in an industry with a high innovation threshold. Other companies will adopt AI, but at a much slower pace.