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> what exogenous factors would stop this process

The only thing I can think of is violent revolution but with the way things are going, the wealthy elite will have a monopoly on violence too.



The wealthy elite had much more of a monopoly during the middle ages and it didn't last.


1000 years. And they didn't have AI robot dogs and surveillance devices in every pocket.


You mean as in robot armies? Because somebody still have to program and control those.




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