Exactly, It seems like the biggest threat isn't some dystopian future, its rather the ability for automation to lock in and increasingly enforce the inequalities and prejudices of our current system.
Machine intelligence is only as useful to mankind at large as the individual humans who control and direct it. In the current way of things, bad actors are the ones most likely to control machine intelligences, meaning we're going to be at a growing disadvantage relative to them as time goes by.
Not to be paranoid...just from a realistic standpoint they have to be investing in narrow AI to help themselves sort through and make sense of all that data.