AI
Issue #431
12 Jan 2025
To contrast with the ultimately optimistic notes from the WEF report (net gain of 78 million jobs), this amazing essay outlines another theory - AI will improve the ability of capital to buy outcomes which previously required hiring people to produce those outcomes. Moreover, the incentive for States to do well by their people diverges once the people lose the leverage they have by withholding their once valuable labour. It’s not a comforting read but important one.