Marx’s Teachings Are Most Relevant in the Present Era of AI And New Technology
The Great Thinker Predicted the Drastic Decline in Human Labour in Process of Production
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2026-05-08 12:16 UTC
Technological development and innovation have been the driving force of human civilisation. With change in technologies, the production process, labour process and measurement of human contribution to social product undergoes change. The current phase of digital technology with AI as the emerging general-purpose technology is also going to radically alter the production process. Technological innovations either reduce the cost of production of existing goods and services, innovate new products or create new use values which didn’t exist earlier and can reduce the circulation time of goods and services by reducing transaction or transportation costs. All these in some way or the other reduce direct human effort or labour in the world of production and distribution.