alt Hacker NewsI don’t disagree. The point is capitalism operates entirely on incentive to keep our jobs or die on the streets. If they say “use all the nails or you lose your job,” people aren’t going to care about the waste or broader costs. Nails, AI, choose your example. It’s the same result unfortunately.
The point about capitalism isn't really accurate. Communism had the same problem. It's more about greed and power, and a system that sustains it than about the ideology behind it, I think. However, their ideological opposites, anarchism and liberitarianism, offer false ways out, too, as humanity is simply not capable of sustaining that.
I'm sounding a bit like a broken record, but the only political system with a proven track record in modern society is still social democracy: educate the people so they don't bash each other's heads in, distribute wealth and power better, and regulate the markets. It unfortunately died through the unholy matrimony of material well-being and social media.