AI is being framed as the next engine of hyper-productivity and efficiency, but productivity alone has never been sufficient to sustain capitalism. The system doesn’t just need things to be made faster or cheaper; it needs people to earn wages, form aspirations, and participate in consumption at scale. When efficiency starts eroding the very labor... See more

What if the questions were instead: What kinds of labor markets are being designed around AI? What is shaping the choices about adoption? Who has bargaining power in those decisions? How will the value created by as yet unfounded promises of productivity growth be distributed? Who has power and how is it wielded to promote certain interests and... See more

In 2025, AI is similarly eating the entire economy—from the stock market (AI-related stocks have accounted for 75% of S&P 500 returns since ChatGPT launched in November 2022) to the construction industry. According to JPMorgan , data centers “are eclipsing office construction spending” and pushing up electricity prices across the country.