It seems pretty obvious to me the ruling class is preparing for war to keep us occupied, just like in the 20s, they'll make young men and women so poor they'll beg to fight in a war.
It makes one wonder what they expect to come out the other side of such a late-stage/modern war, but I think what they care about is that there will be less of us.
Boy, will they be annoyed if the result of the AI race will be something considerably less than AGI, so all the people are still needed to keep numbers go up.