Artificial intelligence is unlikely to produce permanent mass unemployment, Vivek Chibber argues. But without class struggle from below and state action, automation will deepen inequality and leave workers to bear its costs.
A losing bet for working people.
The stark bifurcation of corporate victories and weak labor data raises concerns among economists of jobless growth jeopardizing the U.S. workforce, as well as a K-shaped economy, where the rich get richer while the poor get poorer.
Today, each of the ten biggest companies in the world is worth more than $1 trillion. Only one of them, the Saudi oil monopoly, Aramco, has nothing to do with the future value of AI. Is it a bubble? Of course it’s a bubble. What happens next?
Information from a monolith
Tech Bubbles and New Investments in the US
Internal documents show the company that changed how people shop has a far-reaching plan to automate 75 percent of its operations.
For the first time, I feel driven to speak publicly, because our company is now powering state violence across the globe.
The Vera C. Rubin Observatory is set to transform astronomy. Its wide and fast survey will discover billions of dynamic objects while building up a deep map of the universe
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