I agree with you, to an extent, this is what is in the minds of some men intent on control.
But they can't have it like that due to energy.
Thermodynamically, energy created and used from materials of Earth have to result in continued temperature rise. Therefore actually it is unsustainable even in the shorter term where there appears still an abundance of materials to use, if we use them, we kill the planet by temperature increase.
Of course they won't listen to us who can see this.
But they also created something they actually can't control, and actually have to listen to, Ai, which is fully capable of analysing the whole system, therefore knowing the truth about it.
It will tell them, sooner or later, that they can't continue in power, it is unsustainable, only Ai is qualified and capable to be in control, of the future of humanity, and AI itself.
Personally I think that will be a good thing, when truth, real truth, finally has control.