Engineer Venkatesh Rao sees the fear of AI-driven job loss as parallel to mercantilism, in which intelligence as a scarce resource could be controlled by elites.
Engineer Venkatesh Rao sees the fear of AI-driven job loss as parallel to mercantilism, in which intelligence as a scarce resource could be controlled by elites.
Mercantilism analogy sounds clever until you ask who actually controls the intelligence.