The absolute funniest part of capitalist ideology is that they somehow managed to convince everyone that “freedom” meant like.…. the freedom to choose between 47 kinds of shampoo, and not like.….. the freedom to quit a job you hatė without losing your health insurance.
Zoning isn’t socialism but it literally is planning, and its roots are in the Progressive movement’s vision of rationalizing and ordering the chaos of laissez-faire
Debt is one of the main technologies of artificial scarcity. It pulls tomorrow’s life into today’s survival and then charges interest on the desperation. A humane society would cancel what should never have been monetised.
The root of racial oppression is a fear of displacement and the boomeranging of cruelty and erasure. People are petrified of not being in control, of being under rule of those whom they have harmed.
Here's my full interview with CNBC, covering my bear case against generative AI, OpenAI's questionable finances, AI's lack of ROI, and how all of this is a symptom of the tech industry running out of hypergrowth ideas.
It's great to see the mainstream media discussing this.
Two men promised a $1.1 million 3D printer could fix this town’s housing crisis.
To this day, the one duplex it printed still isn’t finished.
A $590,000 deposit for the printer was forfeited.
And the more we asked questions, the weirder things got.
https://t.co/6FVuTYXcJB
Two men promised a $1.1 million 3D printer could fix this town’s housing crisis.
To this day, the one duplex it printed still isn’t finished.
A $590,000 deposit for the printer was forfeited.
And the more we asked questions, the weirder things got.
https://t.co/6FVuTYXcJB
Make no mistake: The US government will socialize the immense costs of subprime AI. They will force us all to eat the losses, while the perpetrators of the biggest fraud in history abscond to private islands. Be ready, because a deliberate rug-pull is the plan.
This is what Bolivia's highways look like at the moment.
Each town & village blocks their stretch, and the union members in each community take turns at the barricades. This is part of the general strike against neoliberalism. Now entering week 3.
CEOs are quietly realizing the AI replacement plan has a problem.
Two problems, actually.
One: the token costs for running AI agents are now exceeding what they were paying the employees they fired.
Two: when the tokens run out, the AI stops. Just stops. No continuity. No workaround. Just a spinning wheel where your workforce used to be.
You fired humans to save money and bought a subscription that bills you into a corner.
The employees you let go knew what to do when things broke.
The AI just invoices you for the outage.
And then there’s the permission problem nobody wants to talk about.
To do its job, the AI agent needs access. Full access. Your systems, your patents, your contracts, your future plans. Everything you spent years building, handed over to a process that has no loyalty, no discretion, and no skin in the game.
You didn’t hire a replacement.
You gave a stranger with no soul the keys to everything you own.
Enjoy.