Modern AI panic reflects "cognitive mercantilism", a zero-sum worldview where intelligence is hoarded as a scarce supply-side commodity managed by elites (Venkatesh Rao/Contraptions)

Venkatesh Rao / Contraptions: Modern AI panic reflects “cognitive mercantilism”, a zero-sum worldview where intelligence is hoarded as a scarce supply-side commodity managed by elites  —  AI panic weirdly resembles the anxiety that accompanied early capitalism  —  I've been reading Joyce Appleby's The Relentless Revolution …