Comment by Weryj
4 days ago
AI will change the balance of power removing a vital counter balance against the negatives of capitalism.
It will take the power away from the workers, such that there will be no power left for people to make demands.
We can hope it’ll be positive, but we aren’t even involved in its creation and the incentives are there to ensure it isn’t.
I guess the good thing is that many workers are also consumers. If they don't have money to consume anymore, who will buy all the shiny things that AI will produce so efficiently?
Most influence would be through B2B channels, I'd guess.
I agree AI can change the balance of power but I think it's more nuanced.
When expertise is commoditized, it becomes cheap; that reduces payroll and operational costs - which reduces the value of VC investment and thus the power of pre-existing wealth.
If AI means I can compete with fewer resources, then that's an equalizing dynamic isn't it?
That assumes you (the human element) are still required to a significant degree. Right now those with assets are compelled to transfer them to those without because they have a need for the labor. If that need evaporates then why should they give you anything?
> Right now those with assets are compelled to transfer them to those without because they have a need for the labor.
Yes - and those without are compelled to trade their labor for assets.
My point is that the assets themselves mean less when the average person can use AI to design anything - that makes the costs of production go down.
In a world where production is cheap, the money required to produce has relative less value.
3 replies →
oh, the real world changes will be nuanced.
but they'll start happening because of the new incentive.