Thodupuzha (Kerala), Feb 4 (PTI) – CPI(M) state secretary M V Govindan has backtracked on his earlier assertion that Artificial Intelligence (AI) would pave the way for socialism, now emphasizing that the technology will lead to wealth accumulation by corporates and exacerbate global unemployment.
Speaking at a party conference in Thodupuzha, Govindan raised concerns over the implications of AI-driven economic shifts. He cautioned that if wealth becomes concentrated in a few hands while over 60 percent of people lose their jobs and purchasing power, it would have devastating consequences for society.
Govindan noted that while AI is gaining widespread adoption globally, its ownership remains largely in the private sector. He highlighted China's approach, where the wealth generated through technological advancements is integrated into the national economy to some extent. However, he warned that in capitalist societies, AI-generated wealth would be monopolized by corporate entities, leading to widespread unemployment and social unrest.
"This will result in intense agitations, unemployment, and other issues. There is no doubt about it," Govindan stated.
The CPI(M) leader further warned that unless the concentration of wealth and exploitative systems are dismantled, the future of humanity will be severely affected.
His recent remarks contrast sharply with a statement he made at a party event in Kannur just days ago, where he had argued that AI could facilitate socialism and dismissed claims that Marxism would lose relevance in an AI-dominated world.
When questioned by reporters about the apparent shift in his stance, Govindan insisted that his position on AI remained unchanged.
His remarks reflect the broader ideological debates within the Left regarding the economic and social consequences of technological advancements like AI.
Speaking at a party conference in Thodupuzha, Govindan raised concerns over the implications of AI-driven economic shifts. He cautioned that if wealth becomes concentrated in a few hands while over 60 percent of people lose their jobs and purchasing power, it would have devastating consequences for society.
Govindan noted that while AI is gaining widespread adoption globally, its ownership remains largely in the private sector. He highlighted China's approach, where the wealth generated through technological advancements is integrated into the national economy to some extent. However, he warned that in capitalist societies, AI-generated wealth would be monopolized by corporate entities, leading to widespread unemployment and social unrest.
"This will result in intense agitations, unemployment, and other issues. There is no doubt about it," Govindan stated.
The CPI(M) leader further warned that unless the concentration of wealth and exploitative systems are dismantled, the future of humanity will be severely affected.
His recent remarks contrast sharply with a statement he made at a party event in Kannur just days ago, where he had argued that AI could facilitate socialism and dismissed claims that Marxism would lose relevance in an AI-dominated world.
When questioned by reporters about the apparent shift in his stance, Govindan insisted that his position on AI remained unchanged.
His remarks reflect the broader ideological debates within the Left regarding the economic and social consequences of technological advancements like AI.