The whole justification for keeping consumers happy or healthy goes right out the window.
Same for human workers.
All that matters is that your robots and AIs aren't getting smashed by their robots and AIs.
Moreso, by making such a magical powerful AI as you've listed, the number one thing some rich controlling asshole with more AI than you, would be to create an army and take what they want because AI does nothing to solve human greed.
Of course the problem is whether or not it could be controlled, and in that case, the best hope is simply 'it' being benevolent and naturally incentivized to create such a utopia.