hn • r/hackernews
Comment on: Speculative Growth and the AI "Bubble" [pdf]
This reads like a propaganda piece aimed at mathematically inclined knowledge workers to try to stave off risk perception as their economic and political power is undermined by the US shift towards kakistocracy."workers
operate with a larger conventional capital stock and wages rise even as the worker share falls."Liberal Democratic capitalism splits power into two primary buckets: political and economic.Marx provided the critique of consolidated economic power. The Soviet union proved the dangers of consolidated political power and Hayek made the mechanism explicit.The "election tampering" BS