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General Urban Waterloo Updates and Rumours
(09-28-2025, 05:33 PM)plam Wrote: Yeah, sure, I'm exaggerating a bit, but the stock market valuations of "AI" are way more than they should be. Cory Doctorow writes:

"AI is the asbestos we are shoveling into the walls of our society and our descendants will be digging it out for generations:"

https://pluralistic.net/2025/09/27/econo...telligence

That's a nice summary. To quote:

Quote:That doesn't mean "nothing to see here, move on." It means that AI isn't the bow-wave of "impending superintelligence." Nor is it going to deliver "humanlike intelligence."

It's a grab-bag of useful (sometimes very useful) tools that can sometimes make workers' lives better, when workers get to decide how and when they're used.

The most important thing about AI isn't its technical capabilities or limitations. 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.
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RE: General Urban Waterloo Updates and Rumours - by tomh009 - 09-29-2025, 11:25 AM

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