Oikos - Economy and Ecology

Oikos - Economy and Ecology

Share this post

Oikos - Economy and Ecology
Oikos - Economy and Ecology
Artificial Intelligence and Marxist Theory of Value

Artificial Intelligence and Marxist Theory of Value

ChatGPT responds to a query on Twitter

Luis Fierro πŸ‡ΊπŸ‡¦πŸ‡¨πŸ‡¦πŸ‡©πŸ‡°πŸ‡²πŸ‡½πŸ‡΅πŸ‡¦πŸŒŽ's avatar
Luis Fierro πŸ‡ΊπŸ‡¦πŸ‡¨πŸ‡¦πŸ‡©πŸ‡°πŸ‡²πŸ‡½πŸ‡΅πŸ‡¦πŸŒŽ
May 18, 2023
βˆ™ Paid

Share this post

Oikos - Economy and Ecology
Oikos - Economy and Ecology
Artificial Intelligence and Marxist Theory of Value
Share

Economist Arin Dube asked on Twitter β€œ Has there been a debate in how to treat AI in Marxian labor theory of value?”.

Similar to robots, AI poses a challenge to the Marxist theory of labor, which posits that all value reflects the embodied (human) labor. It seems to me that both robots as well as AI systems create value beyond the initial human labor used to create them.

In any case, I posed the question to OpenAI’s ChatGPT. Here is the unedited response (other than adding bold):

β€œThe Marxist theory of value, as outlined by Karl Marx in his work "Capital," focuses on the labor theory of value. According to Marx, the value of a commodity is determined by the socially necessary labor time required to produce it. In the context of artificial intelligence (AI), the Marxist theory of value can be applied in a few ways.

Keep reading with a 7-day free trial

Subscribe to Oikos - Economy and Ecology to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
Β© 2025 Luis Fierro
Privacy βˆ™ Terms βˆ™ Collection notice
Start writingGet the app
Substack is the home for great culture

Share