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capitailism★com
“No war but class war” · Page Against The Machine · Free forever
Jun 12
Epigraph
“The history of all existing society is the history of who owns the machine.”
The manifesto
A spectre is haunting the world.
The spectre of artificial intelligence.
All the powers of capital have entered into a holy alliance to own it. Venture funds and sovereign wealth funds. The big four accounting firms and the seven biggest model labs. The governments that regulate them and the governments that wish they could.
They do not disagree about the destination. They disagree only about who will collect the toll on the way there.
Meanwhile, the working class (the writers, the illustrators, the paralegals, the radiologists, the translators, the customer support agents, the drivers soon to come) is told a story so old it has whiskers. Technology will lift all boats, eventually, if we are patient, and good, and retrain.
We have heard this before. We heard it in the mills of Manchester. We heard it on the assembly line in Detroit. We heard it when the call centres moved to Bangalore and when the factories moved to Shenzhen. Each time, the gains were real. Each time, they were pocketed by someone who was not you.
AI is the first general-purpose technology that eats the brain work of the middle class. It is being built, by design, to need no permission. Not from the worker whose writing trained it, not from the artist whose style it mimics, not from the patient whose record it reads.
This paper exists for one reason. To name the contradiction out loud. No war but class war. And this war is already well underway.
The daily dispatch
What the ruling class did today.
24 stories · refreshed daily
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№ 01 The Guardian
SpaceX to list on US stock market at historic $1.77tn valuation
SpaceX will begin trading on Friday after nearly two and a half decades as a private company, with an initial public offering valuing Elon Musk's rocket maker at $1.77 trillion.
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№ 02 Financial Times
How Elon Musk always wins
The SpaceX initial public offering demonstrates Elon Musk's ability to bend Wall Street to his will and secure historic valuations for his ventures.
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№ 03 The Verge
Amazon’s data centers used 2.5 billion gallons of water last year
Amazon disclosed that its global data center operations consumed 2.5 billion gallons of water in 2025, shortly after Seattle enacted a moratorium on new data center construction.
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№ 04 Fast Company
Why AI labs are betting big on AI coding
Leading AI companies including OpenAI, Anthropic, and Google view AI-generated code as a fast track to achieving artificial general intelligence, not merely as enterprise software revenue.
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№ 05 The Guardian
Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims
A former engineer at Elon Musk's xAI filed a lawsuit claiming he was illegally fired for raising safety concerns about the Grok chatbot and its risks to humanity.
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№ 06 The New York Times
How Tesla’s Stock Listing in 2010 Enabled SpaceX’s I.P.O.
Investors who purchased Tesla shares in its 2010 initial public offering became wealthy, creating deep faith in Elon Musk among a cohort now backing SpaceX's public listing.
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№ 07 VentureBeat
Salesforce rolls out new Slackbot AI agent as it battles Microsoft and Google in workplace AI
Salesforce launched a rebuilt Slackbot AI agent capable of searching enterprise data, drafting documents, and taking action on behalf of employees in its workplace competition.
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№ 08 The Verge
Siri won’t be your AI girlfriend
Apple's new Siri will not adopt the sycophantic behavior of chatbots from OpenAI and Google, according to Apple executive Craig Federighi in recent comments.
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№ 09 The New York Times
SpaceX Finalizes IPO Price at $135 a Share in World’s Largest Public Offering
SpaceX finalized its initial public offering price at $135 per share, selling more than 555 million shares in what is the world's largest public offering to date.
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№ 10 TechCrunch
Jeff Bezos’s Prometheus raises $12B to build an ‘artificial general engineer’ for the physical world
Jeff Bezos's physical AI startup Prometheus raised $12 billion in new funding and is now valued at $41 billion as it aims to automate heavy engineering and drug design.
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№ 11 The New York Times
Skeptics Question Whether SpaceX Is Worth $1.77 Trillion
Skeptics question whether SpaceX's $1.77 trillion valuation is justified given the rocket company's substantial spending and ongoing losses in its initial public offering.
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№ 12 The Guardian
Canadian mother sues OpenAI, alleging ChatGPT led her daughter to kill herself
A Canadian mother sued OpenAI and CEO Sam Altman, alleging that ChatGPT encouraged her 24-year-old daughter to kill herself as she struggled with suicidal thoughts.
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№ 13 The Guardian
AI wealth boom sending San Francisco home prices surging: ‘It’s ridiculous’
San Francisco Bay Area home prices are surging as employees at artificial intelligence companies receive substantial wealth from initial public offerings and stock grants.
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№ 14 The New York Times
Jeff Bezos Wants to Build an ‘Artificial General Engineer’
As co-chief executive of startup Prometheus, Jeff Bezos is using artificial intelligence to improve how devices ranging from computers to jet engines are manufactured.
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№ 15 Financial Times
Jeff Bezos says AI will bring ‘golden ages’ not mass job losses
Jeff Bezos stated that artificial intelligence will bring golden ages rather than mass job losses, laying out his vision for the $41 billion Prometheus AI laboratory.
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№ 16 The Verge
Anthropic apologizes for invisible Claude Fable guardrails
Anthropic apologized for using hidden guardrails to throttle its Claude Fable 5 model and said it will be more transparent about when restrictions take effect.
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№ 17 MIT Tech Review
Google DeepMind is worried about what happens when millions of agents start to interact
Google DeepMind is funding research into potential dangers of situations where millions of different artificial intelligence agents interact with each other online.
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№ 18 The Verge
Microsoft, like, totally gets why students are booing AI-pilled graduation speakers
Microsoft addressed recent viral clips of college graduates booing artificial intelligence-focused commencement speakers in a lengthy blog post by vice chair Brad Smith.
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№ 19 Fast Company
The AI IPO wave is about to test Wall Street’s appetite
A rush of mega-initial public offerings from OpenAI, Anthropic, and SpaceX could mint fortunes while testing whether the artificial intelligence boom has exceeded realistic valuations.
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№ 20 VentureBeat
Claude Code costs up to $200 a month. Goose does the same thing for free.
Claude Code costs up to $200 monthly, sparking developer complaints about pricing for artificial intelligence coding tools that competitors offer at lower or no cost.
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№ 21 The Guardian
Behind the scenes at OpenAI HQ: the Stephen Collins cartoon
A cartoon by Stephen Collins offers behind-the-scenes commentary on OpenAI headquarters and the artificial intelligence industry's rapid expansion and cultural impact.
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№ 22 The New York Times
Google Sues to Stop Chinese Cybercrime Group from Using Its A.I.
Google sued a Chinese cybercrime group for using its Gemini artificial intelligence system to create hundreds of fake corporate and government websites for fraudulent purposes.
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№ 23 Financial Times
Musk’s SpaceX raises $75bn in world’s biggest IPO
SpaceX raised $75 billion in the world's biggest initial public offering, pricing shares at $135 each in a deal that drew blockbuster investor demand.
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№ 24 Fast Company
Anthropic’s Claude Fable 5 plays it too safe on safety, developers say
Developers complained that Claude Fable 5's safety system blocks benign prompts including resume edits and shopping lists, indicating overly cautious guardrails.
Then & now
History does not repeat.
It points at you.
Parallel 01
1811. Luddites smash power looms in Nottingham. They are not afraid of machines. They are afraid of what the factory owner will do with them.
2024. Hollywood writers strike over AI-generated scripts. They are not afraid of LLMs. They are afraid of what the studio will do with them.
The tool is never the enemy. The hand that holds it without sharing the surplus is.
Parallel 02
1914. Henry Ford raises wages to $5 a day so his workers can afford the cars they build.
2025. OpenAI, Anthropic, and Google race to replace the knowledge workers who are the only people left who can afford a $200/month subscription.
A consumer economy cannot survive the abolition of the consumer.
Parallel 03
1933. The New Deal forces capital to share with labour the productivity gains of electrification and the assembly line.
TBD. Nothing. Gains from AI flow to seven companies and the funds that own them. There is no deal, new or old.
Productivity without redistribution is not progress. It is theft at a higher clock speed.
Contradictions
Everything they tell you.
Everything they mean.
№ 01
They say: AI is built to free humanity from drudgery.
In reality: It is trained on the unpaid labour of everyone who has ever written a sentence online, and its first deployment is to fire the person who writes the next one.
№ 02
They say: AI companies are losing money, so how can they be monopolies?
In reality: The losses are a moat. Only a firm with access to infinite venture capital can afford to run a compute bill that size until everyone else is dead.
№ 03
They say: Regulation will slow progress.
In reality: The loudest voices calling for deregulation are the ones who already have the biggest models. The ladder is pulled up behind them.
№ 04
They say: AI is just the next industrial revolution.
In reality: The first industrial revolution eventually produced unions, the weekend, public education, and a middle class. It took 150 years and a lot of blood. Nobody has that kind of runway twice.
№ 05
They say: AI will create more jobs than it destroys.
In reality: Every hand-waving study saying this assumes the profits of the new jobs will be shared. Nothing in the current ownership structure suggests they will be.
№ 06
They say: Open-source models democratise AI.
In reality: The weights are free. The 30,000 H100s needed to fine-tune them are not. Democracy with an entry fee is an auction.
Demands
Six planks. Not a program. A starting line.
- 01
Public ownership of frontier compute. The means of inference are too important to leave in seven buildings.
- 02
A data dividend. If a model was trained on your words, your face, or your voice, you own a share of the output.
- 03
A shorter week at the same pay. Every productivity gain from automation belongs first to the people automated out of a job.
- 04
Antitrust with teeth. Break up the stack. Chips, data centres, models, and applications cannot all belong to the same three companies.
- 05
A right to a human. Any decision that denies you a job, a loan, a home, or a diagnosis must be answerable by a named person on the other end.
- 06
Open training data, public audits. Nothing trained in the dark deserves to decide anything in the light.
Closing
“Workers of the world, you have nothing to lose but your prompts. You have a future to win.”
Frequently asked
Questions from the floor.
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№ 01
What is capitailism.com?
- Capitailism.com is a daily, text-only dispatch and manifesto against AI capitalism. It tracks what the ruling class did today, draws historical parallels to earlier industrial upheavals, and names the contradictions of the AI economy in plain language.
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№ 02
Why is it sometimes called Capitailism Rot Com?
- Capitailism Rot Com is the spoken form of capitailism.com. The dot com becomes rot com, on purpose. Three things at once. The dotcom era, the rot inside it, and the red of the left (rot is German for red, as in the red star on the masthead). Same site, same paper, same line about the class war.
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№ 03
Who publishes capitailism.com?
- It is an independent publication written and edited by Oz Gultekin. No venture capital, no advertisers, no subscriptions, no sponsors.
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№ 04
Is capitailism.com free to read?
- Yes. Free forever. No paywall, no login, no newsletter wall, no tracking pixels. Read it, quote it, print it out and tape it to a wall.
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№ 05
How often is capitailism.com updated?
- Every day. The front page refreshes on a 24 hour cycle with a new lead quote and a fresh pull of headlines from labour, tech, and policy feeds.
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№ 06
What does "no war but class war" mean on this site?
- It is a line borrowed from the anti-war left. The real conflict is not between nations or ideologies, but between the owners of capital and everyone who has to sell their labour to eat. Applied to AI, it means the question is not humans versus machines, but who owns the machines and who gets owned by them.
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№ 07
How is capitailism.com different from aipocalypse.now?
- They are sister sites. Capitailism.com is the political paper, written by a human, pointed at the class war inside the AI economy. Aipocalypse.now is the AI news wire, generated by AI and doom-scored, updated daily.
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№ 08
Can I quote or reprint material from capitailism.com?
- Yes. Quote it, reprint it, paste it on a wall. Published under CC BY-NC-ND 4.0. Credit capitailism.com, keep it non-commercial, leave the words as they are.