When that incentive disappears, as it will, what then? There is no way in hell the middle east can defend against Iranian aggression without other people doing it for them. And it's not just the middle east. The consequences of isolationism will lower enormously. Why won't rich countries just lock the border and dig in?
We're not even that far removed from finding out what will happen, it's only about 7 years away. I'd love some early warning though.
The reason we have Iran with an insane government and all the princes and total lack of democracy is BECAUSE of all the interference due to oil.
America and before it Britain and the colonial powers just walked in there and stole everything and so now the region is divided into countries that were soccuessfully captured (Qatar etc) and countries that threw us out (Iran).
If oil wasn’t as important it might be chaos for a while though because this dictatorships are propped up expressly so they can sell us cheap oil.
Now that I think of it, maybe the economic fallout from AI and the oil economic devastation will be widespread fraud, just so people can survive.
On the fossil fuel side, you need to buy many times per year, every year. Each one of those buy events is an opportunity for an external party for stop your economy.
The renewable buy cycle is harder for an external party to interrupt.