Comment on AI still doesn't work very well, businesses are faking it, and a reckoning is coming
e461h@sh.itjust.works 9 hours agoYep, they’ll weaponize it to take jobs and then hit the public with the bill when the bubble bursts. Capitalism is both chilling and demoralizing.
reddig33@lemmy.world 8 hours ago
Socializing the losses isn’t real capitalism.
eldebryn@lemmy.world 7 hours ago
That’s what happens when you have unregulated markets and corporations.
Liberals that still suckle Reagans tit worship the almighty “free market” however top economists will tell you that without government control capitalism ends up Being an oligopoly often with feudal characteristics like we see in the digital landscape.
When corpos have no restrictions, they don’t compete with each other. They end up merging into a monopoly and drain all the peasants/slaves who don’t own anything.