The Inevitable AI Revolution and Its Impact on Jobs and Capitalism

The problem with AI is not the technology itself, but the capitalist economic system that is ill-equipped to handle it. The introduction of generative AI into a free-market economy can cause widespread suffering, as it can wreck people's livelihoods and cause huge fluctuations in the value of labor. The fear of AI disrupting jobs is a problem of the way power and wealth are apportioned in our existing society. Unless we transform the economic system, technology will be a tool for ever greater exploitation and predation.