I was writing a long reply about how even meat bags have amassed enough money and power to rival elected governments. I don't think it's beyond the realm of possibility to think an AI could do that.

Couple that with mass unemployment in an incredibly vast, diverse population of individuals with individual moral boundaries willing to do whatever for money.

And then.. figured that you must be aware because it's been explored constantly in sci-fi for many, many years.

Let's hope for the culture at least.