And you have a single paragraph explaining anything at all as to why you think that will happen, and it's basically, "too much efficiency will ruin capitalism." I'm going to need more convincing than that.
Do I totally buy into the basic premise of the article? No. As another commenter pointed out, who owns the intelligent machines? The rich.
I am an enthusiastic AI practitioner since the 1980s, remain excited by tech advances, but, I believe that it is important to talk about how technology affects society.