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AI & Culture

AI elites might hoard intelligence like mercantilists hoarded gold

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The Decoder2026-11-02AI Impact Score 54/100

Engineer Venkatesh Rao compares the fear of AI job losses to mercantilism: intelligence is treated as a scarce resource that elites want to control. But AI could boost demand for human thinking, much like early capitalism made people voluntarily work more. The article AI elites…

Source: The Decoder

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AI & Culture