This doesn't apply to literal ASI, mostly because copy-pasteable intelligence is an absolute gamechanger, particularly if the physical interaction problems that prevent exponential growth (think autonomous robot factory) are solved (which I'd assume a full ASI could do).

People keep comparing to other tools, but a real ASI would be an agent, so the right metaphor is not the effect of the industrial revolution on workers, but the effect of the internal combustion engine on the horse.