Artificial Intelligence and the Death of Capitalism - Disruption

Are we approaching Economic Singularity? My recent book, The Economic Singularity, argues that improvements in machine intelligence are going to make it impossible for many of us –maybe all of us – to earn a living. If this is even an outside possibility, we'd all be wise to spend some time working out how we intend to deal with it. In 1900, 40 per cent of American workers were employed in agriculture. That has now fallen below three per cent and while the farm workers eventually found better jobs elsewhere in the economy, their horses didn't.