Mind Matters News and Analysis on Natural and Artificial Intelligence

TagKarl Marx

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Workers at Hino Motors Manufacturing Indonesia, Indonesia

Is AI Creating the Conditions for Marxist Revolution?

An analyst looks at the conditions then and now
Last summer, we noted Karl Marx’s eerie AI prediction; he felt that capitalism would fall when machines replaced human labor. While today’s market economy doesn’t seem in a hurry to fulfill either prediction, some see artificial intelligence as enabling a comeback of his theories. Read More ›
Background of engine room detail in a steam locomotive

George Gilder explains what’s wrong with “Google Marxism”

In discussion with Mark Levin, host of Life, Liberty & Levin
Gilder: Marx’s great error, his real mistake, was to imagine that the industrial revolution of the 19th century, all those railways and “dark, satanic mills” and factories and turbine and the beginning of electricity represented the final human achievement in productivity so in the future what would matter is not the creation of wealth but the redistribution of wealth. Read More ›
Team welding Robot movement Industrial automotive part in factory

Karl Marx’s Eerie AI Prediction

He felt that capitalism would fall when machines replaced human labor
Because Marx held that the value of goods resided in the labor required to produce them, if goods were produced by automatons, without human labor, the economy would fall apart and capitalism would fail. Read More ›