AI‑Driven Disaccumulation of Capital

Artificial intelligence can replace the labor‑time base that underpins capitalist accumulation, concentrating ownership of productive capacity in a few firms and potentially collapsing mass demand unless institutions (taxes, public ownership, universal distribution) reconfigure how output and income are distributed. The concept revives Martin Sklar’s 1969 'disaccumulation' thesis and applies it concretely to today’s AI platforms and data centers. — This frames a distinct policy problem — not just job displacement but a structural risk to capitalism’s accumulation‑and‑demand mechanism — that reshapes debates over taxation, antitrust, universal basic income, and public ownership of compute.