Concentration of power doesn't need superintelligence. It doesn't even need AGI. That's precisely what makes it scary.
I wrote about this in The Front-Running Catastrophe. The core argument: the technologies required for stable totalitarianism — omni-surveillance, autonomous lethal systems, AI-assisted internal security — require strictly weaker AI than the technologies required for extinction via misalignment
Great post, and glad to see someone working through this concretely. I wrote my first EA Forum post earlier this year on much the same intuition you're operating on: the technologies that enable lock-in or front-running coups require strictly weaker AI than ASI does. Yours is far more grounded than mine, but the more people draw attention to this the better.