If AGI is defined as a AI that can replace most humans at most tasks, it would be worth money if it's cheaper than paying humans. So instead of a Marvel film costing 100 million to make, if an AGI can do it for 30 million it's worth tens of millions of dollars. Of course society might eventually collapse from mass unemployment, but corporate owners would live like kings until that finally happens.
There are two possibilities- one is what the PC largely did. Nobody really lost their jobs even though one accountant can do the work of 40 that just had calculators. We can just do “more” now.
On the other hand there’s what the washing machine, mechanized farm equipment, etc. did. A slow shift in how many people are required to do a job. There were no absolute jobs lost, just a shift in the economy.
