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AI elites might hoard intelligence like mercantilists hoarded gold
November 2, 2026 at 7:43 PM · Source: The Decoder
Engineer Venkatesh Rao compares the fear of AI job losses to mercantilism: intelligence is treated as a scarce resource that elites want to control. But AI could boost demand for human thinking, much like early capitalism made people voluntarily work more. The article AI elites might hoard…
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