I don't understand why this post is being downvoted. What is the point of more compute if everyone will get locked out of the "wealth pool" because they can no longer produce any value?
I agree, but let's not forget that the more (semantically) obvious reason why people get locked out of wealth has more to do with not being able to take it than with not being able to produce it.
I was thinking about this recently. People will get evicted before not paying their cell phone bill, now. This would have been unthinkable 15 years ago.
The price of a cell phone bill will make no difference to someone in an eviction situation and a cell phone is pretty much essential to participate in society today.
Rich people can virtue-signal all day long about how they live without a phone, but if you're poor and a potential employer or benefits office asks you for a phone number to process your application you can't afford to risk losing or delaying the opportunity.
It's really an easy choice - it's orders of magnitude cheaper than rent and gives you access to always up to date maps, news, employers and friends (who can maybe take you in for a while). It may be counterintuitive but really is rational.
That's a very limited view of the price of compute coming down so massively actually means. Just consider one field, medicine for example, and just one example from that: COVID vaccines.
