Earlier quoted context omitted.
> If AI produces surplus where does it go? Not talking about investment backed datacenter buildout and AI labs. Talking about the results of AI work... The 1% pockets, this is where the vast majority of the extra productivity computers/internet/automation brought goes to for the last 50 years: https://www.epi.org/productivity-pay-gap/
The study doesn't say it went into the 1%'s pockets. It says it went to 2 places: 1) The salaries of corporate employees 2) Shareholders and capital owners Regarding number 2: "Shareholders" would include anyone who owns any stock at all, including a lot of middle class people with a simple S&P 500 ETF in their portfolio. And the increase in productivity allowed more people to become capital owners, AKA entrepreneurs…
Because no matter what fairy tales you want to believe in your $20 "invested" in palantir won't make you a "shareholder" lmao