I assume you are going for “there are no more useful resources to acquire so those with all the resources overpay just to feel like they own those last few they don’t yet own”.
I assume you are going for “there are no more useful resources to acquire so those with all the resources overpay just to feel like they own those last few they don’t yet own”.
seems like governments will have a thing to say about who's able to run that AGI or not.
GPU's run on datacenters which exist in countries
Tokyo Professor and former Beijing Billionaire CEO Jack Ma, may disagree.
Granted, capitalism needs maintenance.
Externalities need to be consistently reflected, so capitalism can optimize real value creation, instead of profitable value destruction. It is a tool that can be very good at either.
Capitalism also needs to be protected from corrupted government by, ironically, shoring up the decentralization of power so critical for democracy, including protecting democracy from capitalism's big money.
(Democracy and capitalism complement each other, in good ways when both operating independently in terms of power, and supportively in terms of different roles. And, ironically, also complement each other when they each corrupt the other.)