Abstract
Artificial intelligence is progressing at an increasing speed. Science fiction often depicts artificial intelligence as a robot with human characteristics. Today’s artificial intelligence, with examples of face recognition, internet search, or self-driving cars without a driver, is called weak AI, which is designed to take on a technically limited task. However, many researchers aim to create strong artificial intelligence in the long run. For example, a weak artificial intelligence can defeat people in a particular task of playing chess or solving equations, while a strong AI can overshadow people in almost any cognitive task (Future of Life Institute 2016). I think the question is: Who is the production for? For people or for machines? Of course, for people. Perhaps the correct question is: Why are people part of production? In this study, I will discuss whether it is needed rather than the risks or benefits of artificial intelligence. The basic criterion of the capitalist system is to make a profit. In order to make a profit, the product produced must be sold/purchased at a certain price. For this, people must participate in the production process. If there will be no need for human beings in the production process (if the machines will replace man in the production process at increasing speed and there will be no limits here), how will labor be part of the distribution process? The question to be asked is: for whom will the production be produced, since the labor force who does not participate in the production process cannot participate in the distribution process? Contrary to what has been stated in almost all literature, I argue that the proliferation of artificial intelligence in the long run will adversely affect economic growth. These practices aiming at economic growth will destroy economic growth. This study raises different claims from the main literature and focuses on analyzing these claims.
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Alakbarov, N. (2021). Artificial Intelligence and the End of Capitalist System. In: Bozkuş Kahyaoğlu, S. (eds) The Impact of Artificial Intelligence on Governance, Economics and Finance, Volume I. Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application. Springer, Singapore. https://doi.org/10.1007/978-981-33-6811-8_9
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