By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
allfrontnewsallfrontnewsallfrontnews
  • Africa
  • Americas
  • Asia
  • Australia
  • China
  • Europe
  • India
  • Middle East
  • United Kingdom
Reading: AI will transform capitalism – but how?
Share
Notification Show More
Font ResizerAa
Font ResizerAa
allfrontnewsallfrontnews
  • Africa
  • Americas
  • Asia
  • Australia
  • China
  • Europe
  • India
  • Middle East
  • United Kingdom
Search
  • Africa
  • Americas
  • Asia
  • Australia
  • China
  • Europe
  • India
  • Middle East
  • United Kingdom
  • Contact
  • Blog
  • Complaint
  • Advertise
  • Advertise
  • Advertise
© 2026 allfrontnews. All rights reserved.
allfrontnews > Blog > Economics > AI will transform capitalism – but how?
Economics

AI will transform capitalism – but how?

Last updated: September 13, 2026 1:00 pm
By allfrontnews
1 Min Read
Share
SHARE

Technology is going to drastically reshape the economy, and it’s within our power to decide what that looks like

The idea that autonomous, thinking machines may one day destroy property, hierarchy and inequality is as old as western political thought. In Aristotle’s Politics, the philosopher cites a fantasy from the Iliad, in which machines begin to act independently of human direction, concluding: “If every tool could perform its own work when ordered, or by seeing what to do in advance … if thus shuttles wove and quills played harps of themselves, master-craftsmen would have no need of assistants and masters no need of slaves.”

The dream that automation could inaugurate a classless society is also present in the writings of Karl Marx. In 1858 he imagined the replacement of intellectual property with “socialised knowledge”, which would merge into a “general intellect”, blowing the foundations of capitalism sky high.

Continue reading…

Source: Guardian Economics

You Might Also Like

CBC senior business correspondent Peter Armstrong on U.S.-Canada trade talks collapse
Flock's New AI Police Tool Can Track Drivers Without a Name or License Plate
There is a way to look after people, the planet – and Britain’s growth. It’s what we call the ‘wellbeing economy’ | Jamie Driscoll
UK diesel price hits record high of £2 a litre
Kinky dating app Feeld’s founders share in record £3.8m dividend after sales jump
TAGGED:AI (artificial intelligence)BooksComputingEconomicsTechnology
Share This Article
Facebook Email Print
Byallfrontnews
Follow:
Newsroom account for allfrontnews - world news from nine regions.
Previous Article The Smart Bird Feeders Everyone’s Talking About (and Actually Buying) (2026)
Next Article Shaun the Sheep: The Beast of Mossy Bottom review – Aardman’s spooky-season caper sparkles with fun
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
- Advertisement -
Ad image

Latest News

Several people injured after vehicle hits crowd at Knights grand final farewell in Newcastle
World
US and Australia suspend diplomatic operations in Brazil before election
World
Meta wants your next gadget to be Muse-infused
Technology
Cyclospora found at Mexican farm linked to lettuce outbreak, FDA says
World
World
AfricaAmericasAsiaAustraliaChinaEuropeIndiaMiddle EastUnited Kingdom
Business
BusinessEconomicsInvestmentMarketingStartupCryptocurrency
Tech
TechnologyComputerSoftwareElectronicsSmartphoneInnovation
Health
HealthWellnessScienceEarth
Entertainment
EntertainmentCultureArtsFashion
Travel
TravelDestinationsVacation
More
SportPoliticsLiveVideoAudio
allfrontnews
Terms of UsePrivacy PolicyCookiesAccessibilityContact UsAdvertiseRSS

© 2026 allfrontnews. All rights reserved. allfrontnews is not responsible for the content of external sites.

allfrontnews
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?