AI is Capitalism, AI is political
Brilliant essay : Extinction-Level Capitalism, a Citizen’s Thoughts on AI-Risk, by Matthew Butterick.
With important quotes :
« Everything that makes AI an excellent cost collapser makes it an equally excellent capital collapser. »
« Most economists will acknowledge that technological progress can cause some adjustment problems in the short run. What is rarely noted is that the short run can be a lifetime. » – Carl Benedikt Frey
“The myth of technological and political and social inevitability is a powerful tranquilizer of the conscience.” – Joseph Weizenbaum