Thanks for sharing. I liked this video quite a bit.

I do think some sort of feudalism is approaching, but I don't think it'll be quite as described (90% serfs and such).

I believe there is simply too much equality, right now, to the point that a lot of what could happen to lead to such a system won't happen for fear of immense social repercussions.

The Western world is still mostly democracies. People will vote for extremists in extreme situations, and extremists will act in extreme ways, including causing wars and destruction for a lot of people. Stability and normalcy won't be attained by techno-feudalism. It will be a constant fight. The middle-class is already too large to allow large swaths of itself to be reduced to serfs.

That being said, I don't necessarily doubt that it will continue to shrink, slowly, and that the lower class will continue to be squeezed for all they're worth.

Related: what "subscriptions" (recurring payments) do you pay for?

I pay rent (which includes water, internet, and light bills), a public transport pass (not strictly necessary, but it makes it more affordable), university tuition (PhD), and food. My parents actually cover my cheap phone plan (it's like 5€/month, I think). They also cover half my rent, because they have the money and insisted on it. They're both public school teachers, by the way, in case reading this you're thinking that I'm some sort of lordling.