Thomas Piketty's arguments from "Capital in the Twenty-first Century" are reevaluated in light of emerging technologies like AI and robotics. Piketty claimed that without significant redistribution, economic inequality would grow indefinitely. His reasoning was based on the idea that wealthy individuals save more and earn higher returns on investments, leading to a widening gap. However, the author argues that Piketty's view of the past is flawed; capital and labor have historically complemented each other. As labor becomes scarce relative to capital, capital accumulation has tended to self-correct by lowering interest rates and raising wages. In a future dominated by advanced AI, this self-correction may no longer hold. With automation potentially reducing the need for human labor, the relationship between capital and labor is likely to shift toward capital being a direct substitute for labor. This change could lead to a scenario where wealth becomes even more concentrated among the already wealthy, as they can access and benefit from AI-generated wealth that remains out of reach for the average person. The author highlights the trend of “privatization of returns” in the AI sector, where only large investors reap substantial benefits, further entrenching inequality. The discussion touches on the implications for developing countries, which traditionally benefited from importing capital and expertise to boost labor productivity. Automation could eliminate this path to growth, limiting opportunities for these nations. The author concludes that without a robust global tax on capital, the potential for extreme inequality looms large as wealth remains locked within elite circles. The article emphasizes that if Piketty's model holds true in this new context, the consequences for social equity and economic structure could be severe.