Noah Smith pushes back on Krugman's 'AI is for oligarchs' take
inductionheads · x · 2026-10-07
Economist Noah Smith criticizes Paul Krugman's claim that AI is 'a technology of, by and for oligarchs, with hardly any of the benefits trickling down to regular Americans.' Smith argues Krugman is still running the 2024-era progressive 'AI doesn't work' line from an epistemic bubble, and that progressives urgently need to update their understanding of what AI actually does.
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