Yes. Not only without giving them credit, but for the most part making them unemployable or reducing the value of their expertise to subsistence level.
The world is full of people who have been rendered unemployed or underemployed due to globalization and automation. Not only has it happened, it's happening now, and it will happen to knowledge workers and creatives.
The increased demand for the work AI can produce will create jobs filled by AI, so Jevon's paradox doesn't guarantee anything. If it did, cities like Detroit wouldn't be ruins now, as the boom of outsourcing and automation in manufacturing would simply have created more jobs as demand increased. But it turns out the market isn't an infinitely frictionless superfluid and the incentives for businesses change - when they can create value without human labor at all, they will seek to do so in all possible cases.
