Comment by statuslover9000

The short-term effect is a harbinger of the long-term risk, since capitalism doesn’t inherently care for people who don’t provide economic value. Once superintelligent AI arises, none of us will have value within this system. Even the largest current capital holders will have a hard time holding on to it with an enormous intelligence disadvantage. The logical endpoint is the subjugation or elimination of our species, unless we find a new economic system with human value at its core.