Well said, I have exactly the same thoughts.

However, overcoming these forces is something people did successfully in the past. I think right now we are just in a cycle of mass confusion caused by the technological revolutions, which prevents us to see clearly (as it happened in the past as well).

Without alignment we just drift by natural forces of a system in place in whatever direction. When we adapt and if the world survives, this should not be an issue.

The problem of billionaires is that they are one level below from the top in abstraction of a society. They are required to play by the rules of the state designed by someone else, and they lack the knowledge and experience to go one level higher and think about the policies and rules for society itself - and this is much harder than doing business, and requires completely different skills.

Because of these factors, we see them being able to hoard wealth but unable to influence the system in any positive way, except for the ones which the system was already designed for (create jobs, innovate, etc.)