The capitalists are failing to redeploy capital today. Thats why they have been dumping it into assets for years. They have too much capital and dwindling things they can do with it. AI will skyrocket their capital reserves. There is a poor mechanism for equalizing this since the Nixon years.
> They have too much capital and dwindling things they can do with it.
Yes, we've had full employment for a long, long time. But the idea here is that AI will free up labor that is currently occupied doing something else. If you are trying to say it will fail to do that, that may be true, but if so this discussion is moot.
