@catboyslim
existence. Thus it is obvious that we should abandon this path of growth for the nays
of a livable future. But how?
Let’s think back to the road to paradise that AI is supposedly Preparing for ys
Apparently, as we practice it, it does not lead to paradise. Understanding this
problem and finding the right path is one of the central tasks of today. Because of
inherent complexities, this problem can not be fully dealt with in an introductory AJ
textbook. However, I would like to provide the reader with a little food for thought.
Although productivity is growing steadily in almost all areas of the economy,
workers are required to work as hard as ever. They do not benefit from the increase
in productivity. So, we must ask, where do the profits go? Evidently not to the
people to whom they are owed, 1.e. the workers. Instead, part of the profits is spent
on investment and thus on further growth and the rest is taken by the capital
owners, while employees work the same hours for declining real wages [Pik14].
This leads to ever-increasing capital concentration among a few rich individuals and
private banks, while on the other hand increasing poverty around the world is
creating political tensions that result in war, expulsion and flight.
What is missing is a fair and just distribution of profits. How can this be
achieved? Politicians and economists are continually trying to optimize our eco-
nomic system, but politics has not offered a sustainable solution, and too few
economists are investigating this highly exciting economic question. Obviously the
attempt to optimize the parameters of our current capitalist economic system has not