Why AGI does not necessarily mean UBI.

This might be crushing the hopes of many here (it has crushed mine) but I have good reasons to believe that AGI won't bring technological unemployment or UBI, at least not as fast as many predict.

I work in government bureaucracy, and I have been present in rooms where policy decisions are made. Economists, politicians and businessmen are far from oblivious that technology is replacing useful jobs at a staggering speed.

Every time, the solution is the same: Create more bullshit jobs. Create more useless jobs. Create more cyclical jobs. Create new programs/subsidies/government contracts that require more lawyers, more engineers, more blue and white collar workers, but make them as complicated as possible, make them require as many people as possible, make everything inefficient by design.

I remember statistics a decade ago that claimed that >50% of jobs are bullshit, and not required by the economy. What could the percentage be today? It seems that the system has decided that it would rather convert to a 100% bullshit jobs economy, that implement change. It seems like the social inertia is enormous, and the system will find ways to keep things going forever despite AGI.

Is our only hope for societal change ASI?