That is by far the most likely scenario. Hell it’s already happening with the AI we do have. Teslas driving into walls, facial recognition mistaking an innocent person for a criminal (mentioned in the article).
Doomsday science fiction is fun to toy with but it usually involves a lot of hand waving.
I’ve been getting into primitive technology lately. It all started when I looked at my back yard and thought hey, if we call it red clay, then I should be able to make it into pottery. I take dirt from my yard, levigate it, add grog and wedge, hand-build pots, and fire them in my fire pit. Been making sharpening stones from river rocks. Crafting replicas of Roman machines. That sort of thing.
Pay billions for a userbase, then drive away the ones that aren’t Nazis or bots.