Thw LLMs or FSDs that covers more domains and thus warrant the G, for General, will not have emotional inner lives, they won't feel fear or joy, they will just produce behaviors that are highly likely based upon the human datasets they have studied. They will be extremely useful and will surprise us with their ability to rehash the old into the new. It won't be life, but it will be intelligence... artificial/automated/simulated intelligence.
So I agree with you... We will not have any SAI "waking up" events but people will be able to build bots that attempt us to convince us that they are sentient, even though they aren't.
2nd Renaissance, Animatrix here we come, even though the bots are only larping.