this post was submitted on 22 Apr 2026
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The AI Revolution Could Usher In a New Age of Stagnation (jacobin.com)
submitted 9 hours ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] CombatWombat@feddit.online 23 points 9 hours ago* (last edited 9 hours ago) (2 children)

I'm not sure there's any more depressing climax I could imagine to this story:

While the talk of eradicating friction or even rents suggests a “freeing up” of capital for more productive investment, given services would follow manufacturing into a realm of hyperproductive overcapacity, there would seem to be no upside to the euthanasia of the rentier in this instance.

Rather than “free up” business, this development would destroy it. Capital may well be a parasite, but in the absence of revolutionary pressure it is still work-producing. Our jobs might be bullsh-t, but without them there is only unemployment and (even more) poverty.

[–] CosmoNova@lemmy.world 22 points 6 hours ago (2 children)

For most people it is easier to imagine the end of the world than it is to imagine the end of capitalism.

[–] Zombie@feddit.uk 10 points 3 hours ago* (last edited 3 hours ago)

We live in capitalism. Its power seems inescapable; so did the divine right of kings. … Power can be resisted and changed by human beings; resistance and change often begin in art

  • Ursula K Le Guin

https://en.wikiquote.org/wiki/Ursula_K._Le_Guin

And art is being destroyed by AI

[–] Rekall_Incorporated@piefed.social 1 points 2 hours ago

Those are very different things though.

And one can argue that how people imagine the end of the world is probably shaped works of art/media.

[–] maegul@lemmy.ml 9 points 8 hours ago* (last edited 8 hours ago)

Yea … it’s the bit I don’t get why people don’t care about this more.

If we’re replaced, there’s nothing really left for us in the terms of the way we’ve conceived our whole world for centuries. Sure maybe we go native again or something, but let’s be real, that is a massively tough transition even if it’s viable.