It depends what is more important, economic growth and technological prowess or human flourishing. If we reduce human flourishing to economic prosperity and all that it confers, then humanity will be impoverished in terms of rights such as freedom and privacy, dignity, justice. Would we rather be poorer but freer and happier, or economically richer but a dumbed down human being.
If we believe that humanity has a dignity that is conferred upon it along with “rights”, implicit in the US Declaration of Independence, 1776 and the 1948 United Nations universal Declaration of Human Rights, then preventing harms to the dignity and rights of humankind must trump economic benefits. Fundamental to this position is clarity about what it means to be a human being and the harms that AI can do to our personhood (see FAQ - How do some applications of AI harm humanity).