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mikebah t1_jdc2lfv wrote

Interesting article. The only thing I would say is we are still in a market-based system that requires not only sellers but buyers for goods and services. Corporations that would own the AI machinery would not simply let their customer base deplete through lack of means to buy their product. AI is perhaps not as infallible as its makers persist.

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citydreadfulnight OP t1_jdpoir9 wrote

The market system has worked favorably for major corporations to consolidate from thousands in free competition into a handful, thanks to cronyism. "Competition is a sin." The majority of working capital in a few hands, and the working class living hand to mouth (the little capital they possess funneled back into conglomerate bank indices), there's an ever intensifying cartel system.

Capital has concentrated to the point where the market becomes a monopoly, which puts people in utter dependence. If AI eats the lunch of the remaining free market (small-mid business), there is no advantage for capital to maintain a high or growing population, as they've already achieved complete domination. They would rather have a small manageable number of the most destitute and compliant, which is why war and immigration from the poorest nations is Western hegemony's number one priority. And we see from every "democratic" country, policy to decimate native birthrates through cultural and legislative genocide.

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