There's only 1 billionaire for every what, 10M people, 100M ? They are outnumbered. At some point the underclass may band together and kick off a revolution to overthrow the ruling class.
Kings have gotten their heads chopped off when the people had enough.
I can see a version of history where the end of capitalism was AI and the AI-owning class with their robots and capital essentially dispose of the majority of the society. Society decides this system is screwed and decides to overthrow capitalism and we invent a new system.
After all, at some point, smart people came up with capitalism to solve the previous system's problems. We may not go to socialism but invent something new entirely to address the flaws of late stage capitalism.
There's only 1 billionaire for every what, 10M people, 100M ? They are outnumbered. At some point the underclass may band together and kick off a revolution to overthrow the ruling class.
Kings have gotten their heads chopped off when the people had enough.
I can see a version of history where the end of capitalism was AI and the AI-owning class with their robots and capital essentially dispose of the majority of the society. Society decides this system is screwed and decides to overthrow capitalism and we invent a new system.
After all, at some point, smart people came up with capitalism to solve the previous system's problems. We may not go to socialism but invent something new entirely to address the flaws of late stage capitalism.