I don't understand how the end game of AI works on multiple levels

Let’s just say AI works exactly how it is being marketed. Even using a conservative assumption and saying it replaces 20% paying jobs today. Large corporations would stop paying portions of the workforce and instead redirect that money toward companies like Anthropic and OpenAI. That would represent one of the largest wealth transfers in modern history, shifting income away from labor and toward a very small number of AI and infrastructure companies.