Breaking Kenya News Forum


Replacing Capitalism

As we begin to incorporate AI technology and automation becomes more integrated into society, problems like unemployment in a capitalist system will likely escalate. But today we also face bigger ethical questions that capitalism cannot address effectively, such as climate change. The open market does not take into account big moral or environmental issues such as this. It is dangerous to just overhaul an economic system and forcibly remove capitalism, as has been seen in a multitude of countries throughout the 20th Century. Capitalism has become part of the logical structure of trade and commerce worldwide, and when it is violently removed we have seen, not only the loss of a market economy, but the loss of logic and the onslaught of literal violence. Do you think that Artificial Intelligence will slowly replace capitalism ?

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