Paul Mason argues AI will reshape capitalism like past automation did. He says it may remove jobs for workers and capitalists alike. US AI hoards compute to lock users into its ecosystem. China counters with open-source models for local control. Both strategies aim for global tech dominance. Mason proposes a third way: AI designed for human need. He suggests breaking the link between work and wages. He also calls for co-operative business models. He asks how to shape AI for universal values. He says such AI could rival current models if delayed by six months.