Wealth has bled from landlords to warlords and now bleeding to techlords.

Warlords are still rich, but both money and war is flowing towards tech. You can get a piece from that pie if you're doing questionable things (adtech, targeting, data collection, brokering, etc.), but if you're a run of the mill, normal person, your circumstances are getting harder and harder, because you're slowly squeezed out of the system like a toothpaste.

> you're slowly squeezed out of the system like a toothpaste.

AI could theoretically solve production but not consumption. If AI blows away every comparative advantage that normal humans have then consumption will collapse and there won’t be any rich humans.