The End of Capitalism: AI and the IMV as Signs of Change

AI advances and capitalism falters: most refuse to see it

While artificial intelligence advances by leaps and bounds and layoffs in sectors such as design, law, or programming begin to become visible, most of society continues planning long-term as if nothing has changed. The paradox is evident: the data points to a systemic model shift, but the general perception is that everything is holding up.

The Advance of AI and Technological Unemployment

With the launch of ChatGPT 6 Astra, considered already a General Artificial Intelligence, the door is open for systems to manage multi-step professional workflows with minimal human supervision. The first affected are designers, lawyers, programmers, customer service agents, and translators. Layoffs are already happening, and it is not a hypothesis: it is a reality that is materializing.

The IMV as Universal Basic Income

Meanwhile, the Ingreso Mínimo Vital (IMV) has become a form of universal basic income. With 2.7 million beneficiaries, the benefit of €700 per month has broken the old mantra that you must work to earn money. Now, someone with €5,000 in their account and registered residency can apply, and it is not only for immigrants: many Spaniards are receiving it. Universal basic income already exists, although few people receive it.

Social Perception vs. Reality

The majority of society believes that everything is fine, that things are holding up, and that nothing truly serious is happening. However, there is a minority who sees the problem: real inflation could be at 15% while the official rate is 1%, eroding purchasing power. The question remains whether this perception will change when automation and basic income become widespread.

Is it the end of capitalism or a new phase? The debate is served.