Abstract

This paper examines the tension between creative destruction—an inherent feature of capitalist economies—and the ideal of autonomy. Creative destruction is vital for economic growth, but it undermines the conditions necessary for autonomy by disrupting individuals’ ability to plan their lives. This creates a dilemma: we must either abandon the ideal of autonomy or economic growth. The paper explores potential regulatory strategies to mitigate the impact of disruptive innovation on life plans, but argues these ultimately fail. It then proposes a novel conception of autonomy consistent with capitalist creative destruction. With artificial intelligence poised to initiate unparalleled creative destruction, understanding this dilemma and potential solutions is crucial from an ethical perspective. The paper contends its revised conception of autonomy offers a path forward amidst transformative technological change.