Honestly, this seems like a pretty good outcome.
Which is to say, I think the fearmongering sentient AI stuff is silly -- but I think we are all DEFINITELY better off with an ugly rough-and-tumble visible rocky start to the AI revolution.
Weed out the BS; equalize out who actually has access to the best stuff BEFORE some jerk company can scale up fast and dominate market share; let a de-facto "open source" market have a go at the whole thing.
And bleak because there doesn't seem to be an alternative where the people making these decisions are responsible to an electorate or public in some democratic fashion. Just a bunch of people with $$ and influence who set themselves up to be arbiters ... and
It's just might makes right.
And bleak because in this case the "mighty" are often the very people who made fun of arts students who took the philosophy and ethics classes in school that could at least offer some insight in these issues.