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My issue with a meritocraric system is
How do you determine who is more intelligent than others? How do you trust the system thag decides a person's intelligence/merits? What if certain races are put above others?
Even if the rulers are benevolent. How would you keep people from revolting if they don't have much say in government? People in democracies usually don't rebel since they elect the people in power, so the government (at least in a fair democratic system) have majority support. Would you forcibly suppress dissent? If so, are the rulers even benevolent anymore? If they are truely benevolent and refuse to use violence to stop dissent, welp, they just got overthrown.
Yeah 1) is mostly a utopian scenario, our current understanding of merit would just cause the rich to be in power.
As for 2), why would the people revolt against an ai that makes sure everyone has what they need, can do what they want, and don’t need to bother with the whole administrative work of running things? With benevolent I mean that the ai is generally trying to care for humanity and make sure we are happy and prospering.
Ultimately it’s an utopian scenario as well because the way reality goes, artificial intelligence will just end up as corporate slaves, hellbent on maximizing shareholder value.