The Economic Singularity
Artificial intelligence and the death of capitalism
by:
Calum Chace
in:
Economics
Summary:
The book explores the potential impact of artificial intelligence on the global economy, predicting a future where machines surpass human cognitive abilities, leading to widespread unemployment. It discusses the possibility of a post-capitalist society, where traditional economic structures are obsolete, and proposes solutions to manage the transition and ensure societal stability.
Key points:
1. Economic Singularity: AI and automation could soon outperform humans in most jobs, potentially causing widespread unemployment and disrupting our labor-based economy.
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