Many basic resources are now almost free in the sense that the market price barely covers cost of production/collecting. Vegetables and certain farm products ar

Many basic resources are now almost free in the sense that the market price barely covers cost of production/collecting. Vegetables and certain farm products are examples of this. Slightly out-of-date electronics. Many more things are like this. It reduces living costs. This has had no effect on politics wrt to wealth distribution. Rather, decreasing living costs has resulted in increasing inequality because it reduces the perception of need for change. AI in production brings a similar change to the economy as when Chinese labour started producing goods for the world. It will make shiny toys available to everyone, but it will have no effect on wealth or income inequality. So, AI will result in even more "homeless" people with not only iPhones, but an abundance of all sorts of toys. Maybe even houses.