"The law, in its majestic equality, forbids rich and poor alike to sleep under bridges, to beg in the streets, and to steal their bread."

I mean, presumably the AI wouldn't just be monitoring people sleeping under bridges, but would also be able to effectively cut through tax evasion bullshit, insider trading, bribery, etc.

Private property? Nah, nothing better about that.

You're describing a hypothetical world that will never exist. Basically if we solve all corruption and inequality in enforcement between economic/power classes - all-pervasive surveillance will be a net benefit.

It's like pondering hypotheticals about what would happen if we lived in Middle Earth.