We're approaching the beggining of the end of the human epoch. Certainly Capitalism won't work or I dont see how it could work under full automation. My view is an economic system is a tool. If an economic system does not allow for utopian outcomes with emerging technology, then it's no longer suitable. It's clear that capitalism was born out of technological and societal changes. Now it seems it's come its time to end.
With full automation and AI we could have something like a few thousand individuals controlling the resources to feed, house and clothe 6 billion.
Using copyright and IP law they could make it so it’s illegal to even try to reproduce what they’ve done.
I just don’t see how resource distribution works then. It seems to me that AI is the trigger to post-scarcity in any meaningful sense of the word. And then, just like agriculture (over abundance of food) led to city states and industrialisation (over abundance of goods) led to capitalism, then AI will lead to some new economic system. What form it will have I don’t know.
