The main risk you have presented is a supposed negative effect on children's development. I am not convinced that there will be a negative effect at all.
On the reward side we have potentially curing most major disease, automating labor and freeing humanity from having to work for a living, as well as perhaps generally advancing science at an unprecedented pace. And of course improving education.
What I expect to see in 10 years is breakthroughs in science and medicine, with major diseases becoming treatable.
You can disagree, but on what basis do you think your predictions are more likely to be correct?
Humanity has turned out fine despite the invention of the book, the TV, and then social media. I reckon kids will develop just fine with AI too.