>China is soon going to overtake the US as the world hegemony.

I don't think this is guaranteed. I think the world should be prepared for it, be resilient against it, and (ideally) undermine it if possible.

Six months ago, I don't think many would have guessed that all of Europe, including Germany, would unite in ending their relationship with Russian fuel. Perhaps at some point, the free world will unite in diversifying or ending their relationship with Chinese manufacturing.

The rest of your analysis I agree with - the automation/"AI" process marches on. Ownership of production and capital continues to concentrate, and population grows while employment needs will shrink for non- and semi-skilled workers. Oh, and climate.