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Technologies / Automotive Automotive

AI will transform capitalism – but how?

Source: guardianTech September 13, 2026 · 04:00
AI will transform capitalism – but how?
From the publisher
Technology is going to drastically reshape the economy, and it’s within our power to decide what that looks likeThe idea that autonomous, thinking machines may one day destroy property, hierarchy and inequality is as old as western political thought. In Aristotle’s Politics, the philosopher cites a fantasy from the Iliad, in which machines begin to act independently of human direction, concluding: “If every tool could perform its own work when ordered, or by seeing what to do in advance … if thus shuttles wove and quills played harps of themselves, master-craftsmen would have no need of assistants and masters no need of slaves.”The dream that automation could inaugurate a classless society is also present in the writings of Karl Marx. In 1858 he imagined the replacement of intellectual pro…
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