the only thing they are pacing is what models the permanent underclass are allowed to have in life.
that, they fully intend to 'pace'.
Either AI will capture so much value that there will be permanent underclass (and in this case it's extremely capable and extremely dangerous and should be heavily regulated) or it won't be capable enough to displace people into permanent underclass.
Or they’re running into a steep diminishing return slope on R&D vs performance and are using stewardship as a cover.
With AI tools it's easier than ever to create a business, do research, or build stuff. That's an opportunity for the "underclass," not a curse.