I don’t think it’s a completely unfair scenario to imagine. If wealth continues to concentrate in to a smaller and smaller group of people, and having wealth makes it easier to change the laws stopping the concentration of wealth, what exogenous factors would stop this process?

> what exogenous factors would stop this process

The only thing I can think of is violent revolution but with the way things are going, the wealthy elite will have a monopoly on violence too.

The wealthy elite had much more of a monopoly during the middle ages and it didn't last.

1000 years. And they didn't have AI robot dogs and surveillance devices in every pocket.

You mean as in robot armies? Because somebody still have to program and control those.

“Technocratic” serfdom is already kind of a thing depending on how you look at it, that’s the joke.

As for what has historically led to “utopia for the ultra rich” being less-than-infinite in duration… *gestures to wars, petty infighting, boredom, gross incompetence, bad luck*

The current generation of the ultra rich might see that and argue “Aha! But we will have basically used a neural network to generate a society based off of ‘what if Kafka wrote Robocop Star Trek prequel fanfic’! Problem solved!” to which I’d say “cool”

This process is completely orthogonal to automation though. You could just as well have done this in 1822. Automation isnt required if demand is minimal and if the population is impoverished demand remains minimal.

The oligarchs who try to concentrate wealth will still try to scapegoat AI via mass media though, along with Mexicans, boomers, etc. or (historically), Jews.

Some of us will be deliverators for NvidiaBlackrockDominoes

Nah, the deliverators will get automated by FritoRaytheon