This essay tackles what happens when AI replaces, rather than augments labor. Every firm automates to stay competitive, but each round of automation erodes the consumer income that they depend on. The game eats its own board. This piece uses game theory to model where we're heading and discusses the way out.
https://www.seeingthesystem.com/p/the-game-that-ate-itself
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This essay tackles what happens when AI replaces, rather than augments labor. Every firm automates to stay competitive, but each round of automation erodes the consumer income that they depend on. The game eats its own board. This piece uses game theory to model where we’re heading and discusses the way out.
Whoa, this whole “game eats its own board” thing is a wild way to frame it, totally makes sense though. Wonder what this “way out” actually looks like.
What a phrase:
> When capital returns come from owning the substitute for human cognition itself…
I wonder who the artist for the headline art is. No signature in evidence…
Everyone keeps making the mistake of thinking the people running the AI ponzi scheme are capitalists.
They’re not capitalist. They think capitalism is far too democratic.
The goal is power, not money. Bleeding the capitalist system dry and creating desperate poverty is the **goal** not a side effect. They want systems to collapse because they believe that rulling over 100% of the ashes is preferable to ruling 10% of a functioning system.