Even the choice of being a servant may not be an option for many given the robotic, computational, and artificial intelligence progress that is not that far off in the future. Self Driving cars are a good example of this. No chauffeurs need apply when cars drive themselves. Which begs the question; when a surplus of labor is no longer needed as a means to keep wages low, how will the top of the 1% and their children view the rest of humanity and what will they do with their considerable political power to carry out that vision?
+BobbbyJoeKlop That will never be a problem because peoples wants are infinite and the amount of goods services that can be provided are finite. This is akin to worrying about what the horse wrangler will do now that cars have been invented. If your mind lacks the creativity to come up with something for people to do when robots are doing most of the worlds mundane tasks it isn't evidence that there is nothing for these people to do. It's just evidence of your lack of creativity.
We shouldn't be trying to achieve inequality, but rather to get our needs met. He talks about preagrarian societies, yes they were equal, but they had no capital accumulation, because as soon as someone got something, it went to the family/tribe. Without investment you can't escape poverty. equality doesn't help anyone if we are all poor. This guy, as he says is in the 2-4%, the average property in Oxford, which he is able to afford, is 340k pounds and that is a lot of money. Yet another case of the rich and higher middle class (who are more and more likely to be employed by the public sector) trying to eat the super rich by using the poor.