Decius comments on Will the world's elites navigate the creation of AI just fine? - Less Wrong
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There is lots of evidence that people in power are the most rational, but there is a huger prior to overcome.
Among people for whom power has an unsatiated major instrumental or intrinsic value, the most rational tend to have more power- but I don't think that very rational people are common and I think that they are less likely to want more power than they have.
Particularly since the previous generation of power-holders used different factors when they selected their successors.
I agree with all of this. I think that "people in power are the most rational" was much less true in 1950 than it is today, and that it will be much more true in 2050.