AI will spell the end of capitalism

Author:
The Washington Post

The most momentous challenge facing socio-economic systems today is the arrival of artificial intelligence.

If AI remains under the control of market forces, it will inexorably result in a super-rich oligopoly of data billionaires who reap the wealth created by robots that displace human labor, leaving massive unemployment in their wake.

But China’s socialist market economy could provide a solution to this.

The article's full-text is available here.

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