He is right, technofeudalism is the future. However, I think this will end up be being seen as a good thing, and history will ultimately look back at the transition as being as obviously good as Monarchy -> Democracy.
Sending empty planes in the air to keep take off slots is so efficient!
…Stop parroting memes of the ossified that fall apart with 10 seconds of discussion.
If the choice is between wealth inequality and market ineffeciencies, I'm going to threaten picking market ineffeciencies simply as bargaining leverage against wealth inequality. Like all go threats, I'd be willing to pull the trigger.
That's a happy ending, but who exactly how do "we" purchase the governments of the world back from the "tech gods" so that they can levy those taxes?
In Halloween terms, vampires have already been invited into our home.
(Possibly with the prospect of these rents increasingly replacing taxes, as traditional territorial hegemonies are losing legitimacy.)
To justify their legitimacy, they’ll need to keep economic growth up (also an inevitability with the rise of AI) and probably also issue some sort of UBI.
Basically expect the future of America to be a sort of modern Holy Roman Empire, with Microsoft in the role of the Hapsburgs.