You are right that I am being a bit reductive. Maybe it would be better to say it assumes some kind of ideal combination of innovation, markets and technocratic governance would be enough to prevent catastrophe?
And to be clear I do think its much better for people to be working on defensive technologies, than not to. And its not impossible that the right combination of defensive entrepreneurs and technocratic government incentives could genuinely solve a problem.
But I think this kind of faith in business as usual but a bit better can lead to a kind of complacency where you conflate working on good things with actually making a difference.
If you read it very charitably CCRU sort of predicted it back in the 90s:
“Al-schizophrenia could be sold to webheads as an artificial drug… Net-schizzing is contagious… Within no time there is illicit traffick in modular chunks of cyberspace-insanity… (and Sarkon is baptized Satan of Cyberspace by the popular media).”