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Jack Welch did not singlehandedly ruin capitalism. He was a symptom of the problems capitalism is designed to create.
I agree it wasn't singlehanded, but he does seem to have opened the floodgates somewhat. I'm not super pro capitalist either fwiw. I'm down with a system that is functionally successful. With appropriate controls capitalism does seem to be a functional and successful system. However the controls are not being used, they're not being updated to reflect modernity and benefitting workers is not incentivised.
Tearing everything down isn't necessarily the solution to that. First off we need a system that works and then we need a pathway to that system. We also need it to be implemented and in a way that doesn't result in millions worse off or suffering worse than they are.
I'm all up for AI replacing makework jobs (or just getting rid of them). What do we do with the people who are out of work? UBI is probably a start, but who or what in any major country is pushing for this and is in a position to implement it?
As an example raising the employers national insurance contribution in the UK brings out cries of "oh this is unfair on companies" for companies that are making billions in profit, giving money away will have some people in fits (people this would directly benefit).
Quality of life focused improvements would be nice. I don't think I've any solutions, maybe salary sacrifice socialism - government competition for some things where they can offer efficiencies or benefits. Government offer me a package, I can pay xyz extra out of my wages and there's a government run hello fresh or mobile network or broadband supplier or mortgage scheme or house repair scheme. I'm free to source my own or to use the government one. It sets a baseline and ot can run on very fine margins. It's probably full of flaws but it's the best I've got.