Nah probably not. There will be suffering and shocks but they're like restructuring the economy here. They can't like go back to feudalism, they don't know how, and it isn't possible. I just can never buy the apocalyptic framing, its not really evidence based, just Hollywood based.
I do think you're right about more prisons though, idk about debtors prisons yet but they are loving making people "illegal" and then doing horrible shit to them. If they can't get enough people out of work to suppress wages how they want, then I bet you will see states arguing for their right to put debtors in jail. Although the expansion of online gambling into every part of our lives is kind of insane though, it could shift some dynamics.
I think its more like the billionaires want this or they don't care because they all know they're gonna make the money. And we are gonna get screwed