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andsoitis 4 hours ago

> It's not like capitalists are creating anything valuable,

Some capitalists create enormous value, some destroy it, some are essentially passive recipients of returns generated by others.

Capitalists provide real productive functions like capital allocation, risk-bearing, founding, governance, monitoring, etc.

shimman 3 hours ago | parent [-]

No capitalists just provide money, something other entities can as well. Often better too.

Capitalists are completely useless when they have no workers, so I don't understand your points outside of "wow capitalists require a lot of workers to exist."

Hence the rush towards LLM systems, the dream of perpetual labor machine is too enticing.

There is also no risks for capitalists, do we live on the same planet where the stated US economic policy isn't to socialize the risks and privatize the gains?

Jensson 2 hours ago | parent | next [-]

> There is also no risks for capitalists

So you argue no capitalists ever lost money? It happens all the time, the risk is real.

andsoitis 3 hours ago | parent | prev [-]

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