this post was submitted on 01 Aug 2025
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One view of this is that AI is ideologically very attractive to the bourgeoisie, beyond just some potential superprofits, because it makes possible a false class consciousness that is superior to the old one. It moves the prospect of the bourgeoisie "winning the class war" from an abstract theoretical impossibility to a practical impossibility, which is way easier to handwave away. For this purpose, the actual reality of the software matters less than the idea of it.
The attempts to wholly replace software developers have revealed that the platonic ideal of an AI to the bourgeoisie is a kind of techno-slave capable of everything a human can do but with complete subservience to the whims of the bourgeois controllers and sans all that "ethics" nonsense. Make this webpage pop! It's a logical extension of the replacement of variable capital with constant capital. Automation of mental labor would mean that there would be no need for a sort of well-paid labor aristocracy, and this can be seen both in the software industry and in the pushing of general robotics platforms for use in manufacturing and physical labor field. There have always been tasks that have been ill-suited for the previously existing kinds of automation, which usually boils down to the capabilities of a human to reason, learn, and solve complex tasks (including motor tasks) in novel environments, and the promise of AI seems at first to the bourgeois class to represent an opportunity to replace these laborers, no longer pay them, and thus gain short term profits by undercutting. Though of course as the tendency of the rate of profit to fall shows this has severe long term ramifications. And whether or not this bourgeois ideal AI can actually exist is also an unanswered question (I think the answer is that it can't, myself). But yeah material relations and contradictions of capital or something idk
I think on some level speculators know the market will crash as a result of the AI bubble or perhaps even want it to do so because it means another round of capital consolidation and accumulation, and are consciously stoking it as a result
I expect there are firms out there that totally, definitely don't have insider knowledge, and will make tremendous amounts of money on betting against the market and things like that.
For the lobotomised rodents amongst us, could you explain a little more?
The bourgeoisie believe that they can use AI to replace labour completely and in doing so, remove the power of the working class.
They want this to be true so badly that they are willing to put enormous amounts of capital into something with minimal immediate usefulness.
I am using a conception of class consciousness that includes the class in question understanding of what they objectively need to do to end their class conflicts permanently. This is impossible for the bourgeoisie, but it does not stop them from trying.
Currently, some of the beliefs that fulfill this role are ✨Progress✨ towards such abundance that the working class is permanently contented, or that systems other than liberal democracies are simply impossible now. These take considerable effort to believe in.
AI offers another solution where comparatively simple technological progress, through a "singularity" or in a more traditional way, can replace workers gradually but completely. There is no reason to believe this, but I claim the leap of faith required is qualitatively different.