What will happen is not about what people prefer to happen or not. China grew rapidly too and the west is fearful of their success and that is why Americans are ramping up their Ai and drones and all that believing that spending money will deliver supremacy. There are/were many paths to success traditionally speaking and somethings will work and somethings wont. It is not a decision based phenomena. Its an outcome based on zillions of variables. Whether money will win or not and that everyone will benefit via AI is matter of conjecture.. Who knows.. Place your bets!!

Let's start with the basics. Let's ban unlimited money from politics first (ban SuperPacs and return to 90s era political rules).

If rich people want to influence politicians, there should be hard caps on money and advertising.

There's nothing wrong in saying too much money is now destroying too much of the good parts of our country. Starting one step at a time is better than trying to build a massive reform that goes no where.

Once money in politics calms down, the next steps should become more obvious as the noise from the Billionaires no longer drown out our attention.

I find answers to this question meet idealogical hand waving more than concrete action plans or examples of success. YMMV