People are worried that if they lose this leverage, nothing is stopping the few who have most of the capital to just disregard the needs of the masses.
I understand that regular people have lost faith in democracy, and that they think rich people control the world and make every major decision, but that just doesn't ring true to me. Democracy is more or less giving us what we vote for, we just vote for dumb things. Ultimately, I have faith that if political and economic circumstances change enough, we might actually vote for the right things.
Thing is, you have this mythical beast, the "dark factory". This exists mainly as way to humiliate the west by suggesting that China is way more developed. One reason that it's unlikely to be substantially real is because of the failure of robotics to really replicate adaptable, self-repairing, sensitive, sensible humans in an industrial context. But two of those adjectives are technical, while the other two, adaptable and sensible, are to do with knowledge and creativity.
I mean that it's an ugly fact that human creativity (thinking on your feet), and morality even (knowing what to do), is useful and necessary in the context of the most boring shitwork. Even on an assembly line, if you're expected to do some QA and accept ad-hoc instructions for different products. I don't want us to be diminished by having to do the shitwork, but I don't think AI can make it go away.
Oh come on, why a downvote? I put some thought into this and all I get is a binary nah.
It just seems incredibly pessimistic to me. Who wants civil unrest? The rich elite does not want this either.
We will pay people.
Capitalism is not set in stone when human labor is no longer essential for productivity and AI can handle planning that markets currently coordinate through capitalism.