Non-Accumulative Capitalism Takeoff vis-à-vis Artificial Intelligence Takeoff

A significant challenge of Artificial Intelligence is that it will reach its singularity—its takeoff, its intelligence explosion— before we reach the singularity of non-accumulative capitalism. AI takeoff, or singularity, poses many challenges to society. For example, OXFAM’s ‘Economy for the 1%’ research is telling us that between 2010 and 2015, in only 5 years, the wealth concentration became more than six times worse. If we follow the research’s rate, in 2030, instead of 62 families, it will be 5 families. By 2045, it will be only one family.

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