Capitalism in the age of AI — S. Mubashir Noor

Capitalism in the age of AI — S. Mubashir Noor

MARCH 25 — A recent BBC news story shed light on the dangers of robot-driven automation to manufacturing hubs in Africa. Citing a new study by the Overseas Development Institute, the BBC reported imminent danger to jobs in low-skill manufacturing once the cost of using robots in industry falls below human wages.

Tech experts predict this will happen in the next two decades, if not sooner. Consequently, many now thriving factory towns in Africa and indeed much of Southeast Asia will turn into dust bowls.

Capitalism, we can safely argue, perpetuates inequalities. People with smarts and money will always have an […]

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