'juvenile' is a juvenile way of describing a ~200-year-old intellectual tradition that you disagree with. Go call Piketty.
And yes, frankly, the emergence of generative AI does vastly accelerate the normal power concentration inherent in unregulated capitalist accumulation. Bad thing go fast now soon.
I've read Piketty, he calls for more regulation to address the issues associated with disparities in capital accumulation. He does not merely puts his hands in the air and predicts inescapable doom.
The irony here is that Western capitalist democracies are the only place where we can even think about getting these privacy protections.
And yes, frankly, the emergence of generative AI does vastly accelerate the normal power concentration inherent in unregulated capitalist accumulation. Bad thing go fast now soon.