This suicide-pact of "either AI goes crazy and 100 people rule the world with 99% of the world's wealth" or "AI fails badly and everyone's standard of living drops 3 levels, except for the 100 people that rule the world with 99% of the world's wealth" is not what I signed up for. Nor is it in any way sustainable or wise.
Too much class distinction / wealth between lower/upper classes, and a surplus of unemployed lower-class men is how many revolts/revolutions/wars have started.