Businesses will still be owned or at heavily influenced by individuals and it is those individuals that will be able to steer how those business’ capital is allocated (including towards themselves).
Businesses will still be owned or at heavily influenced by individuals and it is those individuals that will be able to steer how those business’ capital is allocated (including towards themselves).
That is true until the owner dies, at that point you will have zombie AI companies that continues even though everyone associated with it is dead.
Would you rather AI steer the capital?
At this point in time I doubt that AI is ever going to escape the control of the humans with capital, and those humans will just use it as a tool in order to amass ever more capital.
The hopeful outlook is that AI is also a lever for the working class. It's why I think local models are important.