That's even *before* you get to the eugenicist motivations of Bostrom and his followers, and how that gets papered over in vaguely philosophical language by MacAskill and his followers. That's the intellectual ocean that Thiel, Musk, Altman, SBF, and all the rest of that particular Silicon Valley crowd swims in.
The whole project is to measure intelligence in terms of how well capital can exploit it, then to conclude that AI is more intelligent because it doesn't have labor rights.