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FWIW, this is how computers have always been: every time we manage to make the world more efficient--and we have done a LOT of that over the past 50 years--that
by saurik 3y ago
FWIW, this is how computers have always been: every time we manage to make the world more efficient--and we have done a LOT of that over the past 50 years--that efficiency most directly accrues to capital. I like to think we make the world a better place with our efforts, but the improvements we pull off pretty much always seem to make inequality worse :(.
- crmd 3y agoComputers are the malignant exception. Up to 1975, the enormous value created by the agricultural and industrial revolutions, electrification era, transport and communications revolutions, etc were broadly shared by ordinary citizens and the owners of capital. Standards of living skyrocketed. It paid for things in the US like the TVA, social security, and the national highway system. Since the computer revolution in 1975, capital captured all of the value creation. Wages are flat. Standard of living declining. Inequality at its worst since the gilded age. The staggering wealth created by the computer revolution could have easily paid for universal healthcare and lowered the SS retirement age in the US, while leaving mountains of value intact for capitalists. Now we’re going to do the same thing with AI? This 50 year experiment in market fundamentalism has been bad for society and needs to come to an end.