I was with you up to the last sentence.
There's now just three possible futures:
- the fire is extinguished, aka the AI actors go bust. Nothing bad happens. Well, a bunch of rich people will be less rich, but society as a whole will be somewhat all right.
- the relief valve (society passing laws) is activated, pressure escapes.
- there is no pressure relief. Eventually, the pressure cooker bursts, aka revolution.