Sure, and that probably explains why companies (who sell software) love AI while hobbyists who just like to program hate it.

For the owner/shareholders yes.

The workers will see the fun evaporate but now they have to clean 10x cookie trays in the same 8 hours.

It is, although in this case the cookie-making robot also makes 10% of its cookies with sand instead of flour. So it's still not a very good trade if you have any pride in your business or consequences for bad product.