UN Discovers Capitalism's Impact Could Worsen Inequality, Again
ABC News breathlessly covers a UN report warning that AI's impact could worsen the gap between the world's rich and poor. (Shocking, truly.) The report details how automation might displace jobs and concentrate wealth, sounding less like a futuristic prophecy and more like a historical replay of every industrial revolution since the invention of the wheel. The real surprise isn't that new tech
benefits the owners of that tech; it's that we still need a UN report to state this obvious outcome. Ignoring the well-documented exploitation inherent in globalized capitalism, where corporations like Apple and Amazon already maximize profit by minimizing labor costs and tax contributions, this report suggests AI somehow introduces a novel problem. We've seen this script before: 'progress'
monetized by a few, at the expense of many. Has anyone checked the stock prices of major tech firms versus global poverty indicators lately?