Hyperinflation of intelligence won't solve many of the world's problems except to make intellectual labor very very cheap very quickly, or very regulated. We already have countless regulatory barriers as a deliberate foil against intelligence from the lower classes, so..
You'll never unbind yourself from stupid people because the only alternative is drowning in intelligence. This will be true for exactly as long as intelligence correlates to capacity for higher labor. Can this gauntlet be navigated to full automation or not? And then what?