Cory Doctorow @pluralistic sums up the AI bubble:
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Cory Doctorow @pluralistic sums up the AI bubble:
"This isn't like the early days of the web, or Amazon, or any of those other big winners that lost money before becoming profitable. [...] AI companies have – in the memorable phraseology of Ed Zitron – "dogshit unit-economics." Each generation of AI has been vastly more expensive than the previous one, and each new AI customer makes the AI companies lose more money. [...]
Bain & Co says that the only way to make today's AI investments profitable is for the sector to bring in $2 trillion by 2030 (the Journal notes that this is more than the combined revenue of Amazon, Google, Microsoft, Apple Nvidia and Meta). [...]
Today's AI bubble has absorbed more of the country's wealth and represents more of its economic activity than historic nation-shattering bubbles, like the 19th century UK rail bubble [...]
The most important thing is the investor story and the ensuing mania that has teed up an economical catastrophe that will harm hundreds of millions or even billions of people. AI isn't going to wake up, become superintelligent and turn you into paperclips – but rich people with AI investor psychosis are almost certainly going to make you much, much poorer."
https://pluralistic.net/2025/09/27/econopocalypse/#subprime-intelligence
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Cory Doctorow @pluralistic sums up the AI bubble:
"This isn't like the early days of the web, or Amazon, or any of those other big winners that lost money before becoming profitable. [...] AI companies have – in the memorable phraseology of Ed Zitron – "dogshit unit-economics." Each generation of AI has been vastly more expensive than the previous one, and each new AI customer makes the AI companies lose more money. [...]
Bain & Co says that the only way to make today's AI investments profitable is for the sector to bring in $2 trillion by 2030 (the Journal notes that this is more than the combined revenue of Amazon, Google, Microsoft, Apple Nvidia and Meta). [...]
Today's AI bubble has absorbed more of the country's wealth and represents more of its economic activity than historic nation-shattering bubbles, like the 19th century UK rail bubble [...]
The most important thing is the investor story and the ensuing mania that has teed up an economical catastrophe that will harm hundreds of millions or even billions of people. AI isn't going to wake up, become superintelligent and turn you into paperclips – but rich people with AI investor psychosis are almost certainly going to make you much, much poorer."
https://pluralistic.net/2025/09/27/econopocalypse/#subprime-intelligence
@fcr @pluralistic The Paperclip Maximizer already exists but because it's making money instead of paperclips, we don't recognize it.
The Corporation is already the out of control competing intelligence killing humanity. It's not an autonomous collection of robots that will do us in, it will be humans supporting the will of The Almighty Employer.
We're actively converting everything inherently valuable in the world into money which has zero inherent value.
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Gli ultimi otto messaggi ricevuti dalla Federazione
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@shizamura @JenJen reminds me of
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@quinta ne sono assolutamente convinto anch’io; anche perché già con Capitol Hill Trump aveva dimostrato le sue intenzioni e fu solo la posizione di Mike Pence che validando i risultati elettorali permise l’uscita di scena di Trump.
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Mah
#parle
Par🇮🇹le n°1469 X/6🟨⬛⬛⬛⬛
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@GustavinoBevilacqua @yaw ecco, magari un po' (tanto) meno elitista di una Castalia, essere qui per scelta consapevole sì, ma se la scelta è “perché qui vedo gattini e shitpost dei miei amici (o di perfetti sconosciuti) senza che vengano coperti dai gatti generati dall'ai degli influencer alla ricerca di profitto” va benissimo ugualmente
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RE: https://thecanadian.social/@MostlyHarmless/115874030186694960
This is fantastic.
If this doesn't work...
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I've been boycotting Samsung for years now. People outside Korea often seem surprised when I mention this—after all, Samsung is one of the most recognizable Korean brands globally. So let me explain.
It started after I read <cite>Think Samsung</cite> (<cite lang="ko"><ruby>三星<rp>(</rp><rt>삼성</rt><rp>)</rp></ruby>을 생각한다</cite>) by Kim Yong-chul, a former Samsung lawyer turned whistleblower. The book exposed systematic corruption, slush funds, and how the conglomerate wielded its influence to evade accountability. It painted a picture of a company that operated as if it were above the law.
But what pushed me from mere dislike to active boycott was the 2015 merger between Samsung C&T and Cheil Industries. This wasn't just questionable corporate governance—it was engineered to help Lee Jae-yong consolidate control of the Samsung empire. The merger ratio heavily undervalued Samsung C&T, and the National Pension Service, despite its fiduciary duty to Korean citizens, voted in favor of it. Korean pensioners lost billions.
The whole affair later became central to the corruption scandal that brought down President Park Geun-hye. Lee Jae-yong was convicted of bribery. And yet Samsung continues as if nothing happened.
I'm under no illusion that my personal boycott hurts Samsung in any meaningful way. But some things aren't about effectiveness. They're about not being complicit.
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@misnina i love little truck homes 😖 😭
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C'è stata una generazioni di "capitani di industria" che avevano una etica.
Enrico Mattei tra questi
