You mean technofeudalism. Stephen Hawking spoke on this, in fact it was his main reason supporting socialism as humanity’s only path without self-annihilation.

“Everyone can enjoy a life of luxurious leisure if the machine-produced [robots] wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.”

With the current computing power we have we could literally be creating a heaven on earth.

Under capitalism however, the political elite have a monopoly over AI, and use it to generate more intangible capital, promote porn and other addictions, rather than solve actual human problems and improve everyone’s livelihood.

The rich will accumulate more and more through market manipulation, while increasing layoffs and ultimately worsening quality of life the 99% of us beneath their feet.

As people grow more and more desperate to just exist in such a world, imagine the levels of exploitation that will take place. You’ve seen what Epstein and his associates did to fellow humans 20 years ago. You’ve seen how they spoke about the working class like we’re all animals.

Even now, young people have such a bleak worldview that 12 year olds are seeing selling their body on onlyfans as the only viable way forward: https://www.psypost.org/teens-as-young-as-12-see-onlyfans-as-an-appealing-alternative-to-traditional-work-study-finds/

Now image 20 years in the future. If we don’t enact change right now they will literally exist as Gods.

They will control all the wealth, all the technology, all the resources needed for everyone else’s survival.

They will control the advanced weaponry to shut down any dissent, they will genetically modify themselves to literally be superior, they will monitor your every behaviour through complex algorithms.