Once a fully-automated economy comes to fruition (or at least the perception of one), billionaires think they are the only individuals enlightened and valuable enough to be worthy of its boons. Once they no longer need our labor or our consumption, we are just chaff.
Even on “safe” planets, the average person is basically a slave doing endless, arduous labor with no concern for their lives or well-being, all under the merciless thumb of Imperial dogma. It’s just a bad place to end up.