"Blah blah eternal life oligarchs or whatever" - who cares it's not like we don't have that problem now. Those people are powerful because we let them be, it's not innate. Maybe we might do something about the problem when there's a risk it'll last forever rather then pretending it's not a systemic failure.
If it's possible to do, it's going to be done: the question is actually "should we let poor people (non-billionaires) have it?".