> What you end up with is a dozen people owning all the wealth and everyone else owning nothing
Only if the socialists win. Capitalism operates on a completely different principle: people CREATE wealth and own everything they have created. Therefore, AI cannot reduce their wealth in any way, because AI does not impair people's ability to create wealth.
Only if the socialists win. Capitalism operates on a completely different principle: people CREATE wealth and own everything they have created. Therefore, AI cannot reduce their wealth in any way, because AI does not impair people's ability to create wealth.