We can have a philosophical debate about work, the history of work and its relationship to human psychology in the 21st century but the bottom line is that there are 8+ billion people on the planet and, of those who are "working age", the vast majority of people, lacking meaningful capital, can only secure income by selling their time and labor.
There's absolutely no evidence that if we come up with a way to "reallocate human time" and change the structure of our civilization (using AI of course) tomorrow, the masses would benefit. There's plenty of evidence that the people who control AI or have the capital to employ it will use it to accumulate as much power and wealth for themselves as they can.
aside from capitalism moving money up and living condotions down, AI is going to accelerate the gap between rich and everyone else.
It's just time and it's the only things humans value. The only way to provide value for another person is to use your time to do something faster than they could do it with their time. That's it. There is no other way to secure income outside of inheritance or charity which is just receiving something of value without giving something of value. There's a reason why most of the income goes to older people, because the younger people haven't accumulated that much time to exchange for money. The nice thing about time is that everyone earns it at the same rate, 1 second per second.
Capital can be a lot of things, not just machines and property. Any experience you have is capital, any training is capital, any education is capital. Capital is anything makes accomplishing things take less time.
The difference between socialism and capitalism is the idea that one person's time can have different value. That's really it.
Time is a factor, but it doesn't seem like that's what you're talking about.
Everyone else will be reduced to compost.
It's the perfect plan. The final definitive justification for capitalism.
The masses are unnecessary. The masses will be optimised.
What could possibly go wrong?
They want influence and power. Being at the top of a hierarchy of millions, billions of people.
If there are no massess the 1000th billionaire will be a the bottom of the hierarchy instead of near the top. They don't want that. The masses are needed to give them the sense of power.
What these people want is power and control. Eliminating the masses goes against that.
The people want cheaper prices, affordable housing, affordable healthcare
Capitalism has decided that these problems aren’t worth solving. Instead, we must optimize for spam and slop (and call it “distribution”)
Cheaper prices, affordable housing, affordable healthcare are less capital-efficient. If you're Walmart, sure, you would like to lower prices as much as possible. But your leverage really isn't as big as finance or tech. If you're a politician, you might also pursue those goals, but your attention and leverage really isn't as focused as that of the money machine.
But it’s a great short term business opportunity for AI vendors and it was Anthropic who went all in on being knowledge worker outsourcing in a big way first whilst OpenAI thought they’d replace Google in search.
I think Anthropic had the better business strategy.
