Stop anthropomorphizing an algorithm, its not sentient, its basically very complex multivariate regression statistics used to find patterns in information and text and used to generate new random text. Text which is only correct most of the time because the information patterns it found are obvious enough.

There is no thought process going on, its not actively reasoning about anything.

Eh, I surely hope we will still have privacy laws, otherwise this quickly becomes a police state dystopia.

I grew up in a very rich area and was exposed to these families quite a bit.

Besides, people who are retired dont seem to have issues either?

Haha yeah thats a common trope, but there are millions of these people and not all are drug addicts.

But we will definitely need to make sure we have proper systems in place to prevent such issues.

Greed disease / narcissistic tendencies that need constant validation / hunger for power.

Just because some do, doesn’t mean we have to to be happy. A lot of rich people dont work at all and live perfectly happy lives. Besides, some of them “work”, in my opinion it becomes a glorified hobby when you absolutely dont need to do it.

Well, the ultra rich trust fund kids who basically dont have to think about money or achieving anything seem to be doing fine, so Im not worried about a life without work.

Kinda, but important to make it explicit.

We discriminate all the time, for example between being human or a cow (we can farm one and not the other) to name a random one. Making this explicit ensures we actually protect what we want to protect instead of just implying it and allowing for an argument that gay people are nothing more than cows.