Published • loading... • Updated
What Marx Can Teach Us About Artificial Intelligence - Branko Milanović
Summary by Internazionale
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
At first glance, the implications for Karl Marx's theory of labour value seem to be negative, or to be in contradiction with the facts or our expectations. AI means to introduce extremely capital-intensive production techniques, or to express it in Marxist terminology, processes with a very high composition of capital. In other words, AI implies a very high c/v ratio.This is the ratio of constant capital (c) to the capital spent on hiring labour…
The philosopher's reflections on the tendency of capitalism to replace workers with machines can help us understand the effects of the spread of this technology Read
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
