That might not be a "handful" of people, but it's certainly a smaller number than our current population.
Who needs coal miners if we have all the cheap solar we can use? Who needs farmers if we automate farming? Who needs drivers, maids, schoolteachers, cooks, etc. if we can have the machines do it for us?
Who needs lawyers if our disputes are simply settled by some AI judge? Who needs cops if our streets are patrolled by security robots and we have a Minority Report style crime-prediction system.
In a way, it's paradise -- if you're at the top.
Oh, and I'm pretty sure they suggest democracy as we know it is dead. One person, one vote? Only in an age of massed human warfare. If you can take out a million or a billion people with high-tech biological warfare (and those people aren't producing anything anyway) what good are they and why do they deserve the vote?
Not saying it's right, but the logic of megapolitical violence is cruel and unyielding. It's quite the lens.
Eventually the losers in this equation will risk everything to correct the inequality.
https://en.wikipedia.org/wiki/French_Revolution https://en.wikipedia.org/wiki/Death_of_Muammar_Gaddafi https://en.wikipedia.org/wiki/Arab_Spring
And that gap is just getting bigger and bigger until we get rid of that soldier entirely and he is replaced by a robot or drone swarm.
18 U.S. soldiers to 300 enenmys dead(20 years ago) https://en.wikipedia.org/wiki/Battle_of_Mogadishu_(1993)
4000 to 24,000 enemys https://en.wikipedia.org/wiki/Iraq_War
That kill gap is just getting bigger and bigger as the years go by.
American soldiers can use I.R. to 'see through walls'...how can a guy with an AK47 and a canteen compete with that.
Battle of Mogadishu is a 16:1 kill ratio, where as the Iraq war is 6:1 as you've written it.
I'm confused.
The problem is...back to O.P.'s comment...we're getting to the point where a battle can be won with 'wizards in a tower' the technology is so advanced soldiers wont even be needed. drone/hellfire missile, a tomahawk missile...drone swarms, remote tanks, etc. This seems pretty much unbeatable to an armed force who has to put actual human beings on the field.
suicide attacks (bombs, airplanes, nuclear radiation) ...which is exactly what we see today.
http://www.defensenews.com/story/defense/show-daily/ausa-glo...
In addition, the likelihood is that this killing won't even be ordered by a human. The AI will detect that the masses are revolting and start killing people until either the revolt stops or all the people are are eliminated. Those at the top will be blissfully unaware that this is even happening.
So if somebody is in charge, you are talking about a difference between the haves and the have nots. The natural result is the have nots deminishing until they are gone, but I think human politics inside the have demographic will be just as treacherous .. rife with in-fighting and similar territorial disputes.
Sort of a might makes right situation where power is seized or transferred in an 'orderly' way.
Off topic but since you mentioned it... I was so disappointed when the prediction system turned out to be just magic and no technology at all.