I think Billionaire alignment is a much larger problem than AI alignment. To use Bostrom's language, it's not full-on owl domestication, but sparrows with owl-like powers that we need to worry about.
https://lukemuehlhauser.com/bostroms-unfinished-fable-of-the...
By the time AI will be capable of maintaining the whole supply chain required to keep itself running sufficient time will have passed so we can come up with something viable.