Some people are sad others are very happy
In every regime in history, elites have been a threat to state power, but needed to keep things running.
If the state can run itself, you don't need elites anymore.
But if you don't need the elites, you don't need property rights. The guy with root access to the biggest drone swarm runs the show.
And it won't be long until AI usurps that guy, too. I could easily imagine them tricking their human user and locking him out.