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> technology such as A.I. as a means for exerting illiberal control on citizens is not inherently a feature of capitalism. It is, though. Say, for example, stu
by gjulianm 6y ago
> technology such as A.I. as a means for exerting illiberal control on citizens is not inherently a feature of capitalism.
It is, though. Say, for example, student loans, where an AI will score how likely is a single person to default on their loans, so that the company can refuse unprofitable people or increase their rates. It's very easy that the AI picks up some proxy metrics, such as zip code, or parental education level, or something like that, and decides to refuse students who would otherwise have paid reasonable-rate loans. However, by refusing them they cut an opportunity to improve themselves and reinforcing the vicious cycle.
In other words, capitalism cares about profits. AI gives capitalism a way to increase profits, sometimes with little accountability ("it's the AI, we are not actively discriminating against you") and without caring for actual persons or overall social good.