AI will transform capitalism – but how?
In 1858 he imagined the replacement of intellectual property with “socialised knowledge”, which would merge into a “general intellect”, blowing the foundations of capitalism sky high.Today this prospect has begun to haunt Silicon Valley. Rather, it is an attempt to counter one strategy for global domination with another.The US AI strategy – which is to hoard computing power, giving users access only via the internet – is designed to force the rest of us to use American software, cloud computing services and regulations. But the job-destroying quality of AI makes it different from every previous technological revolution.
- ▪In 1858 he imagined the replacement of intellectual property with “socialised knowledge”, which would merge into a “general intellect”, blowing the foundations of capitalism sky high.Today this prospect has begun to haunt Silicon Valley.
- ▪Rather, it is an attempt to counter one strategy for global domination with another.The US AI strategy – which is to hoard computing power, giving users access only via the internet – is designed to force the rest of us to use American soft
- ▪But the job-destroying quality of AI makes it different from every previous technological revolution.
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| Original publisher | The Guardian — Tech |
| Canonical URL | https://www.theguardian.com/technology/2026/sep/13/ai-will-transform-capitalism-but-how |
| Publication time | Sun, 13 Sep 2026 11:00:02 GMT |
| Retrieval time | 2026-09-13T11:11:50.782Z |
| Last seen | 2026-09-13T11:11:50.782Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | iUcKePQaLSEO · 1 stories |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Illustration: Elia Barbieri/The GuardianView image in fullscreen Illustration: Elia Barbieri/The GuardianThe big ideaAI (artificial intelligence)AI will transform capitalism – but how?Technology is going to drastically reshape the economy, and it’s within our power to decide what that looks likePaul MasonSun 13 Sep 2026 07.00 EDTSharePrefer the Guardian on GoogleThe idea that autonomous, thinking machines may one day destroy property, hierarchy and inequality is as old as western political thought.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Guardian — Tech.
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