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Robin Hanson How lumpy AI services? online Long ago people like Marx and Engels predicted that the familiar capitalist economy would naturally lead to the immiseration of workers, huge wealth inequality, and a strong concentration of firms. Each industry would be dominated by a main monopolist, and these monsters would merge into a few big firms that basically run, and ruin, everything. (This is somewhat analogous to common expectations that military conflicts naturally result in one empire ruling the world.).

How lumpy AI services?

Robin Hanson

Overcoming Bias, February 14, 2019

Abstract

Long ago people like Marx and Engels predicted that the familiar capitalist economy would naturally lead to the immiseration of workers, huge wealth inequality, and a strong concentration of firms. Each industry would be dominated by a main monopolist, and these monsters would merge into a few big firms that basically run, and ruin, everything. (This is somewhat analogous to common expectations that military conflicts naturally result in one empire ruling the world.).

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