Artificial Intelligence: Frankenstein or Capitalist Money Machine

Click here to access article by James Petras from Dissident Voice.

The fundamental questions that must be raised include: 1) AI [artificial intelligence], for whom?; 2) How are the productivity gains of AI to be distributed between capital and labor? 3) How are work time, income and pensions distributed between the owners of technology and the labor force?; and 4) What kinds of socio-economic activity does AI serve?

Artificial Intelligence and related technological innovations are financed, designed, controlled and ultimately applied by the major corporations and financial institutions in order to reduce the cost of labor and to enhance profits and competitiveness between capitalist rivals.