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> Or will the majority of the world's population just drop dead, leaving only the elite alive? I doubt everyone will end up being mechanics

Looking at birth rate trends even in the developing world, those are dropping too. The world will depopulate massively in the next century from those trends alone. Coupled with the maintenance of complex systems falling more and more in the wealthiest areas, I don't think we ever get a cyberpunk dystopia but just end up letting catastrophic failure after catastrophic failure happen until the world is just some horrible living condition husk and humanity withers. I think we're past the peak and the decline only continues.