goinggreek.info
The Agora => Greek News => Topic started by: Maik on Friday, 20 October, 2017 @ 02:15:46
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Capitalism is ending because it has made itself obsolete, former Greek finance minister Yannis Varoufakis says
The former economics professor told an audience at University College London that the rise of giant technology corporations and artificial intelligence will cause the current economic system to undermine itself.
He added: “Capitalism is going to undermine capitalism, because they are producing all these technologies that will make corporations and the private means of production obsolete.
http://www.independent.co.uk/news/world/europe/yannis-varoufakis-capitalism-ending-obsolete-former-greek-finance-minister-artificial-intelligence-a8006826.html
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Seems he's not alone in holding that opinion:
Capitalism 'has been broken', top UK business leaders warn
http://www.independent.co.uk/news/business/news/capitalism-broken-top-business-leaders-shriti-vadera-financial-times-robert-swannell-carolyn-a8014616.html