Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Capital Without Labor: How Artificial Intelligence Is Dismantling and Rebuilding the Rules of Markets, Money, Labor, and Economic Power

Capital Without Labor: How Artificial Intelligence Is Dismantling and Rebuilding the Rules of Markets, Money, Labor, and Economic Power

Forehand, Lon

Paperback

Series: Agi Coming Soon

Business GeneralInvesting & FinanceGeneral Political Science

ISBN13: 9798180406620
Publisher: Independently Published
Published: Jun 6 2026
Pages: 150
Weight: 0.42
Height: 0.38 Width: 6.00 Depth: 9.00
Language: English
For all of economic history, capital needed labor to generate returns. That relationship is being severed.

The rules governing markets, money, labor, and power were written for a world where human cognitive capacity was the binding constraint on economic output. Those rules-encoded in law, regulation, and institutional practice-are now encountering a technology that makes intelligence abundant, cheap, and tireless. The collision is not theoretical. It is happening in venture capital allocation decisions, central bank policy frameworks, commercial lending algorithms, labor markets, cryptocurrency infrastructure, and courtrooms simultaneously.

Capital Without Labor is the account of that collision-what it is breaking, what it is building in its place, and who is positioned to gain or lose in the economy that emerges.

Written by Lon Forehand-AI policy analyst, 24-year Congressional affairs veteran, and NASA policy expert-this is not a book about AI's economic potential. It is a book about the economic transformation already underway and the specific, consequential decisions being made right now that will determine whether the AI economy distributes its gains broadly or concentrates them catastrophically.

What this book reveals:

The capital is moving faster than the analysis. AI venture funding has created an investment architecture that looks nothing like prior technology cycles-the concentration, leverage, and time horizons are fundamentally different. Where the money goes determines what economy gets built.

Central banks are navigating with instruments designed for a different era. The inflation signals and monetary mechanisms anchoring Federal Reserve policy were calibrated for a human-speed economy - one that no longer exists.

The unequal frontier is the most urgent equity story in the AI economy. Small businesses and minority entrepreneurs are not receiving equal access to the tools reshaping competitive dynamics-and that gap is compounding faster than any prior technology adoption gap.

A parallel financial system is being built without permission. Crypto, stablecoins, and decentralized finance are not primarily ideological projects - they are responses to the specific failures and exclusions of the existing financial infrastructure. Understanding what is being built outside regulated systems is essential to understanding where those systems are heading.

Eight arguments about the economy being built around us:

- This structural shift is categorically different from prior automation waves

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