Funny how it's technology that outmaneuvered capitalism to lift people out of poverty, but technology is being outmaneuvered by capitalism to endanger the future with AI.
Methinks capitalism is just a bogeyman you ascribe anything you don't like to.
Technology is agnostic to who gets the benefits, talking about outmaneuvering it makes no sense.
Capitalism on the other hand is the mechanism through which the owners of production assets grab an ever growing fractions of the value. When Capitalism is tamed by the state (think from the New Deal to Carter), the people get a bigger share of value created, when it's not (since Reagan) Capitalists take the Lion share.
The problem is that capitalism is a very large tent. There is no such thing as a free market, and every market where people can trade goods and services is "capitalist" by definition regardless of its rules. Some markets are good and some markets are bad, but we're having conversations about market vs no market when we should be talking about how we design markets that improve society rather than degrade it.
Methinks capitalism is just a bogeyman you ascribe anything you don't like to.