AI transforms economic systems by turning markets into fiefdoms and profits into rent.

AI turns markets into fiefs and profits into rent argues varoufarkis. And I think he is right because of people who depend on the economy to feel alive omg markets have always been connectors of incomplete human communication markets used to provide the intelligence now ai takes over as the intelligence omg what role plays money in such an environment? Isn't it redundant isn't this kind of economy completely detached from reality?

AI turns markets into fiefs and profits into rent argues varoufarkis. And I think he is right because of people who depend on the economy to feel alive omg markets have always been connectors of incomplete human communication markets used to provide the intelligence now ai takes over as the intelligence omg what role plays money in such an environment? Isn't it redundant isn't this kind of economy completely detached from reality?