Earlier quoted context omitted.
What will happen to those of us who are not rich but also not poor? Upper middle class with net worth between 1 and 10 million?
Net worth of over $1 million is rich. An extremely small number of people have that much money. Those people will probably be fine, though if you’re in that $1-10million zone you could be at risk of running out of money eventually if you don’t end up being one of the people owning the automation.
In modern America, $1 million isn't enough to not have to work outside of small towns and certainly isn't enough that the rules don't apply to you.
[1] I don't even necessarily mean big things like hiring high power attorneys to get away with crimes. I mean things like cutting through bureaucracy, access to influential people/resources, the ability to bend regulations, etc.