Unless AGI has actual god-like powers, the owners don't have that power. Governments' and public opinion can change and are not so easy to control as you make it out to be. Is, for example, the EU AI Act or the GDPR the will of the machine owners?
The odd thing is that after the pandemic just showed what societies can enforce, somehow it all is forgotten again when it comes to who holds what power.
What is necessary are pretty basic killer robots with the capability of determining who is a friend and who is a foe. These systems already exist.
Labor is a commodity that has had a diminishing value in our current, capitalist system. That means, people who rely on their labor(most of us) instead of capital(a few), have control over less and less resources(this is already happening).
With the current trend, what generation of your grand children will have nothing at all?
The odd thing is that after the pandemic just showed what societies can enforce, somehow it all is forgotten again when it comes to who holds what power.