This would explain his obsession with population control.
The elites have decided they won’t need us. And they’re working hard to meet that goal.
While we're still abundant and generating revenue, they look on the non-elite as a cash crop to be exploited for more power and money. That's fine by them. What they don't want is those of us in the bottom 98% (or so) sharing their physical space. That is the problem with there being so many of us.
I’ve believed for a long time that the worlds elites do expect to reach a point where they can live nicely with automation. It may take another 10+ years.
Putting on my tinfoil hat, I think that at that point they will view the “surplus” 6-7 billion people on earth as expendable. Some nasty engineered bug, held in deep storage, will do the trick.