Rentism: Abundance with Rent Extraction

Back in 2011 Peter Frase wrote an article for Jacobin called "Four Futures," later turned into a book, speculating about how politics and the economy might evolve in the future as automation progresses. The four possibilities, outlined in broad strokes, are: communism, rentism, socialism, and exterminism. Fourteen years on, how have his predictions borne out, with the rise of global temperatures, green energy, and artificial intelligence?