3 ms·
"It looks as if, at least in the USA we are going down the path of having a tiny oligarch class with everyone else locked out of ownership of the products of th
by graemep 2y ago
"It looks as if, at least in the USA we are going down the path of having a tiny oligarch class with everyone else locked out of ownership of the products of the AI, but this may not be true everywhere, and perhaps somehow won't end up being true here."
We are already headed towards that in every major economy, and all the others I know of too. Wealth and power started concentrating before AI, so its not just AI.
The group that has the wealth and power has the power to block change. They can distract the hoi polloi with scape goats (e.g. immigrants), culture wars, doomscrolling, day to day survival and a lot more.
The current trajectory is towards a global oligarchic class.