The Spooner Revolution: LLMs, the Death of the Wage, and the Birth of a New Economic Order

Breakthroughs in large language models (LLMs), particularly the GPT series, are triggering a revolution more violent than the Industrial Revolution. This isn't just about job security; it's a fundamental reshaping of the socio-economic fabric. Past research underestimated AI's automation potential, but the latest models are replacing many knowledge-based jobs, such as design, engineering, and financial analysis. This isn't simply wage decline; it's a shift in opportunity cost, pushing more people towards entrepreneurship. LLMs lower the barrier to entry, allowing solo enterprises to achieve team-level efficiency, leading to corporate downsizing, stagnant wages, and paradoxically, increased demand. We're moving towards a society envisioned by Lysander Spooner—one with greater individual autonomy, a surge in the number of companies, primarily structured as limited partnerships, and a complete transformation of education and social order. This isn't the end of the world, but the beginning of the Spooner Revolution.