How Artificial Intelligence Will Transform Capitalism and the Risks It Poses
The potential impacts of artificial intelligence on the capitalist system are examined, alongside the differing strategies of the US and China and possible policies humanity might pursue in the future.
The development of artificial intelligence technologies has reignited historical debates on property and class structures, while the competition between the US and China shapes the future of global information technologies.
Historical Roots and Automation Dreams
The idea that the ownership of autonomous machines could eliminate hierarchy and inequality has a long history in Western political thought.
Aristotle's Politics features the fantasy of machines operating independently of human direction.
Strategic Competition Between the US and China
In its artificial intelligence strategy, the United States aims to hold computing power and make users dependent on American software.
China's counter-move offers a structure that makes models open-source, allowing users to run these systems locally.
Threats to Labor Force and Entrepreneurship
Large language models have begun to exhibit the general intellect characteristics defined by Karl Marx.
The job-destroying nature of the technology threatens not only workers, but also capitalists, entrepreneurs, and innovators.
Shaping Technology According to Human Needs
Economist Philippe Aghion states that artificial intelligence could automate entrepreneurial skill and sever the link between innovation and profit.
It is stated that humanity should shape technology according to human needs rather than establishing dominant artificial intelligences.