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Tag: Capitalist Money Machine

World

Artificial Intelligence: ‘Frankenstein’ or Capitalist Money Machine

NOVANEWS By James Petras  Introduction The Financial Times’ Special Report (2/16/2017) published a four-page spread on the ‘use and possible dangers of artificial intelligence (AI)’. Unlike the usual trash journalists who serve as Washington’s megaphones on the editorial pages and political columns, the Special Report is a thoughtful essay that raises many important issues, even as it is fundamentally flawed. The writer, Richard Walters, cites several major problems accompanying AI from ‘public anxieties, to inequalities and job insecurity’. Walters pleads with those he calls the ‘controllers of autonomous systems’ to heed social and ‘political frictions’ or face societal ‘disruption’. Experts and journalists, discussing the long-term, large-scale destruction of the working class and se...