3 ms·
This has already happened, thanks to the parasite of capitalism. When we say things like "the top 1% captured 2/3 of the world's wealth gains over the past 3 y
by kthejoker2 4y ago
This has already happened, thanks to the parasite of capitalism.
When we say things like "the top 1% captured 2/3 of the world's wealth gains over the past 3 years" it also implies the fungibility of the 99% is growing, and the core root cause is worldscale automation and AI. Their ability to accumulate wealth relies less and less on human labor and more on capturing knowledge capital and IP.
Even the 1% is itself a Pareto curve, with the top .1% accumulating about 1/3 of
wealth gains in the past decade.
This extremely tiny group pf humans is today's "AGI", they literally control the world.
Certainly real AGI will be even more proficient at exploiting the same capitalist loopholes they have to enter their ranks.