> The one economically useful thing we will be able to do is legal property ownership.
This is correct. But we don't need to ban AI to avoid the permanent underclass nightmare.
It's time for the means of production to be owned communally.
It's either a cybersocialist utopia or a neofeudalist dystopia.
Rosa Luxemburg formulated it pretty well more than a hundred years ago: Socialism or Barbarism!.