Your bridge to wealth is being pulled up

For two centuries, the credential system gave intelligence a route to heritable capital. Artificial intelligence is closing that route. This essay builds the argument from first principles - with probability theory, interactive simulations, and a prediction specific enough to be falsifiable - and puts a number on the window that remains.

Daniel Homola
No way to approach this other than gross simplification, but we have seen generally that as technology improves, standard of living goes up. Autonomous machines breaking that trend, maybe, the only argument I find persuasive is that it makes the centralisation of power easier.