Is Capital Approaching its own Singularity?

So maybe – just as the predicted point at which computers make cleverer computers than themselves and go into a cycle building ever cleverer machines until they are wiser than all human thought, maybe capital has reached or is rapidly approaching its own singularity – the point at which it generates more and more capital in an unstoppable cycle and without a moment’s thought for the humans it was once meant to serve.

Is Capital Approaching its own Singularity?

Capitalism is Skynet

We think of AI (artificial intelligence) as being digital, silicon-based; a computer program. But that’s not entirely true. Algorithms don’t have to be written in C or Python. Computers are the most efficient way to run algorithms, but they’re not the only ones…

Capitalism, as a weak AI, is built upon an unbearable abstraction — namely, the reduction of all value of problem-solving to a single criteria: the increasing of shareholder value. That is literally the only metric for success in capitalism. And therefore, to capitalism, anything that does not achieve that goal is either irrelevant or an impediment. That includes every other aspect of existence. Human happiness is not a metric of success for capitalism, or ecological diversity, or even the survival of life.

Joshua Ellis – So I have this theory. You know how everybody is…