But it can be sold as good enough to credulous management, thereby still doing damage by getting people laid off in the short term.

There’s this famous quote about investing which goes: “the market can remain irrational longer than you can remain solvent”. I think that equally holds for the labor market. Just because you and everyone around you knows your job can’t be replaced by AI, doesn’t mean there won’t be an attempt to replace you which lasts long enough for you to lose your house.