That view is very optimistic. History has shown that power isn't willingly ceded by any government, it takes action from the bottom up. Maybe this will happen

That view is very optimistic. History has shown that power isn't willingly ceded by any government, it takes action from the bottom up. Maybe this will happen in China, but it seems the government has been pro-active in quashing uprisings, and has already laid the technological framework to maintain its police state. China needs it's version of Chernobyl before people would be ready to risk their lives to change the government, the problem is that the new failure modes have global impact. And as we've seen with the spread of Covid, China has actually gained political capital from its mistakes, at least domestically, and also harmed the political situation of it's western competitors. Perhaps China will now wait long by the river while the rest of the world cannibalizes itself.