'Brainless’ AI discourse, the myth of capitalism and the Gen Z revolution risk
'Brainless’ AI discourse, the myth of capitalism and the Gen Z revolution risk Wall Street's AI economic projections are heavily overblown, estimating that AI will only deliver a modest 0.55% gain in total factor productivity over the next decade because current models fail at complex, real-world tasks Instead of focusing on unrealistic automation hype, he urges society to address how tech hyperscalers function as extractive institutions that concentrate corporate power, worsen inequality, and risk triggering political instability among displaced younger workers https://fortune.com/2026/06/…
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