[evmaki]

> AI is nothing but a tool for wealth transfer from what remains in the middle class to the top ultra wealthy.

Is that inherent to the technology, or is that just inherent to the way we've chosen to organize society? Really, any technological paradigm shift going back to the industrial revolution has mainly served to enrich a small few people and families, but that's not some immutable property of technology. Like you say, it's a tool. We've chosen (or allowed) it to be wielded toward one end rather than another. I can smash my neighbor's head in with a hammer, or I can build a home with it.

At one point in the United States, there was political will to update our social structures so that the fruits of technological and economic progress did not go disproportionately to one class of society (think early 20th century trust busting, or the New Deal coming out of the Great Depression). I'm afraid we find ourselves with a similar set of problems, yet the political will to create some other reality beyond further wealth concentration seems to be limited.

[pbh101]

Fundamentally and writ large, tech makes us more efficient. Efficient means doing more with less labor. Which is good because it is deflationary: things get cheaper over time from tech advances, and without any tech we would all be subsistence farmers.

But it also means that yes, tech intrinsically enables capital to do more with less labor, thereby shifting the balance of power towards capital and empowering those with more capital.

What ‘we decide’ to do with that is another largely unrelated matter.

[kridsdale1]

Those big anti-capital actions took bold class-betrayals from the inside. Notably Teddy Roosevelt (born with a silver spoon but wished he’d been in a log cabin) going after Standard Oil after taking their money for the campaign.