Raiding the inarticulate since 2010

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AI, digitalisation and the crisis of post-pandemic capitalism

There’s a lot in this but the main thing it’s left me preoccupied by is understanding generative AI in terms of a crisis of over-accumulation; there is too much capital accumulated by the transnational capitalist class for it to be profitably reinvested, leading to stagnation. Projected AI investment (~$150 billion according to Goldman Sachs) does not in itself resolve this tension but it is the leading age of a project to restructure the conditions for capital accumulation, as part of what Robinson analyses as a broader trajectory of digitalisation.