Earlier quoted context omitted.
The trajectory of ML appears to point towards massive transfer of wealth to capital owners and impoverishment of the working classes. We need to find a way to distribute the benefits of such developments.
> The trajectory of ML appears to point towards massive transfer of wealth to capital owners and impoverishment of the working classes. That’s the natural end of capitalism , as has been noted literally since the word “capitalism” waa coined for it (largely, for that reason.) It is end to which every tool and technology is put under that system, and has nothing to do with the particular technology and everything to d…
The rate of return on capital is what dictates the concentration of wealth, or conversely, the dispersal of wealth.
The conceptual systems introduced by Marx and others is that only workers can own capital and are based on a set of assumptions about Capital returns versus labor power.