Or, more people (all those becoming unemployed because of advances in AI) will chase the little jobs remaining (those not taken over by AI), creating three clas

Or, more people (all those becoming unemployed because of advances in AI) will chase the little jobs remaining (those not taken over by AI), creating three classes: A) the 1%: capitalists financing (and controlling) AI, will get phenomenal rewards once AI has taken over production of basic utilities, food, water distribution. Only political control will keep AI monopolies from appearing. B) the 49.5%: those lucky enough to get a job in one of the areas not taken over by AI. They will have to be extremely competent, and lower their salary: they are competing in a very limited and not necessarily very complicated skill-sets (those skill-sets not taken over by AI) with 99% of the human population C) the other 49.5%: those who are not making the cut to get a job. (the sizes of the groups B & C obviously depend on the number of available jobs) People will be able to move from B to C, but never to A (since building an AI empire from scratch is impossible, specially when capital has become extremely concentrated) People in B are barely making ends meet, and people in C are in continuous existential danger. Political engagement drops to a minimum. Capitalists collude to create monopolies, raise prices and basically destroy democracy. The human race splits in two distinct classes, and the lower class is basically enslaved.