[akomtu]

There is a naive assumption that AI will be one of the tools at our disposal and that the rich will own better versions of that tool. The rich people merely control the money flow, and they are only useful because the state cannot do it better. With the "eye of sauron" that AI will likely become, the state will know better how to shape the money flow and so it won't need rich or wealthy people. Everyone will be on a subsistence wage, while the state-AI is building the next gen AI with transecendent capabilities.