AI is revolutionary, but not egalitarian

2 pointsposted 12 hours ago
by keroshanpillay
(keroshan.substack.com)

5 Comments

keroshanpillay

12 hours ago

Author here. My thesis is that while AI will raise the general standard of living, it will drastically increase inequality, potentially creating a permanent underclass and "Client States" within ~5 years.

colesantiago

12 hours ago

If that is the case, then there will be two revolutions.

abdelhousni

12 hours ago

a natural child of the current economical and political system

keroshanpillay

10 hours ago

I think so too. It feels very similar to previous technological 'boom' phases – each previous one minted a new stratification of wealth (railroads and Vanderbilt, dotcom and Bezos/Zuck/etc). This is the latest iteration.