Read Mayfly by Peter Watts, one of my favorite hard sf short stories that deals with a child being raised in a computer, sorta.
Also, here's the article in question in question. It's written as a sort of joke about the supposedly serious article on the same topic in daily mail which I haven't read yet.
You, an idealistic comrade: "This is so cool that not even capitalism can ruin it!"
Capitalism, ruiner of everything in existence to date: "You're on."