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AI isn't just another tech revolution—it could transform capitalism beyond recognition

AI is fundamentally reshaping capitalism, potentially altering production, resource allocation, and the capital-labor dynamic. The text discusses AI managing businesses and capital allocation, questioning its profound impact on human-driven markets. Concerns are raised regarding AI's hyper-efficiency causing capital to dominate labor, possibly necessitating social safety nets like universal basic income. Ultimately, the author suggests that while AI offers efficiency, it distinctly lacks the critical imagination, intuition, and originality essential for capitalism to genuinely uplift human lives and serve society effectively.

LiveMint · Mint Editorial Board · May 18, 2026 at 2:00 AM

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