First of all, I'm going to need you to define capitalism, because it seems like you have no idea what the word even means.

>Capitalism has reduced scarcity more than any economic system in history, and it's well on it's way towards creating post scarcity.

No. Automation has reduced scarcity more than any industrial paradigm in history. Automation is possible both with and without capitalism.

But capitalism has literally negative interest in eliminating scarcity. We're making enough food to feed everybody on the planet twice over; but over half of it is wasted in the supply chain, on store shelves, and as unsold and destroyed goods. In the US, there are about 550,000 homeless people, but 16 million vacant houses. Venture capital firms treat the most desirable like investments, and keep supply low by supporting restrictive zoning laws that forbid the construction of multi-family residences like apartments and condos.

It sounds like capitalism is the very source of most of the scarcity in both of these cases.

> Aside from inflation caused by government, capitalism has caused the price of everything to reduce dramatically.

Ha ha ha ha ha no. Corporations want inflation.

Also: Our government is operating under a capitalist framework. "The government" and "capitalism" are not separate things, which is one of the many reasons I don't think you understand what capitalism is.

>When the cost to produce something finally reaches 0, that good or service can be considered post-scarce and will be infinitely abundant.

Then explain why insulin costs $5 to make and $300 to buy, smart guy. (Hint: as with everything we've talked about, it's because corporations like Eli Lilly have marked up the price.)

Capitalism is not "everything our economy makes". Capitalism is not "freedom". Capitalism is not even "free markets", nor even "deregulation". Capitalism means the primacy of capital and capital holders as the decision engine of the economy - i.e., capital holders control the means of production and hold sway over the rules of the game, with the inevitable consequence that they use their control of these things to benefit their own interests.

How about "McCarthyists get out"?

I don't have to be a communist to (correctly) point out that capitalism is unsustainable.

I'm not even sure it's "just" a fossil fuel maximizer. If it wasn't fossil fuels, it'd be some other material thing that would be the backbone of the capitalistic economy. Really, its utility function is the concentration of economic power into the hands of the wealthy few - i.e., "number go up".

But yeah, right now it's fossil fuels and it's going to destroy the biosphere.

Honestly, that's because thinking about AI in these ways can be a kind of collective insanity.

AI risk is a cipher for the evils of capitalism. Capitalism is the paperclip maximizer made out of paper and people. But we seldom talk expressly about the fact that it is capitalism that will do all of these horrible things, because we just assume the machine will stop because there are a few humans in the loop. It won't; not unless we make it.

Worth pointing out that Fukuyama himself has long since repudiated the idea.