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Zhi Zhu 🕸️
Zhi Zhu 🕸️
@ZhiZhu@newsie.social  ·  activity timestamp 23 hours ago

"“There is no alternative” is a cheap rhetorical sleight. It’s a demand dressed up as an observation. “There is no alternative” means: “Stop trying to think of an alternative.”

I’m a science-fiction writer – my job is to think of a dozen alternatives before breakfast."
- @pluralistic

https://www.theguardian.com/us-news/ng-interactive/2026/jan/18/tech-ai-bubble-burst-reverse-centaur

#Tech #Technology #AI #ArtificialIntelligence #StockMarket #Business #News #World #SciFi

Headline with illustration:
Headline: The featured essay
AI (artificial intelligence)

AI companies will fail. We can salvage something from the wreckage

by Cory Doctorow

AI is asbestos in the walls of our tech society, stuffed there by monopolists run amok. A serious fight against it must strike at its roots

Sun 18 Jan 2026 09.00 EST

Illustration: two wireframe hands looming over a person working on a computer
Headline with illustration: Headline: The featured essay AI (artificial intelligence) AI companies will fail. We can salvage something from the wreckage by Cory Doctorow AI is asbestos in the walls of our tech society, stuffed there by monopolists run amok. A serious fight against it must strike at its roots Sun 18 Jan 2026 09.00 EST Illustration: two wireframe hands looming over a person working on a computer
Headline with illustration: Headline: The featured essay AI (artificial intelligence) AI companies will fail. We can salvage something from the wreckage by Cory Doctorow AI is asbestos in the walls of our tech society, stuffed there by monopolists run amok. A serious fight against it must strike at its roots Sun 18 Jan 2026 09.00 EST Illustration: two wireframe hands looming over a person working on a computer
the Guardian

AI companies will fail. We can salvage something from the wreckage | Cory Doctorow

AI is asbestos in the walls of our tech society, stuffed there by monopolists run amok. A serious fight against it must strike at its roots
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Em & future cats 🇺🇦🐈🏳️‍🌈
Em & future cats 🇺🇦🐈🏳️‍🌈
@em_and_future_cats@mastodon.social replied  ·  activity timestamp 18 hours ago

@ZhiZhu @pluralistic
I absolutely love this last quote 😹❣️
“I am a science fiction writer… think of a dozen alternatives before breakfast”
Again I see the “Rhino” meme 😹

Meme of “Rhino” the hamster 🐹 from the movie “Bolt”
In his ball speaking “super seriously” to Bolt’s face 
“I eat danger for Breakfast!”
Meme of “Rhino” the hamster 🐹 from the movie “Bolt” In his ball speaking “super seriously” to Bolt’s face “I eat danger for Breakfast!”
Meme of “Rhino” the hamster 🐹 from the movie “Bolt” In his ball speaking “super seriously” to Bolt’s face “I eat danger for Breakfast!”
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Em & future cats 🇺🇦🐈🏳️‍🌈
Em & future cats 🇺🇦🐈🏳️‍🌈
@em_and_future_cats@mastodon.social replied  ·  activity timestamp 18 hours ago

@ZhiZhu @pluralistic
I also want to add… I grew up with a father who was like a “Kentucky lawyer” and would find a myriad of alternatives and therefore questions (I also get the feeling that he’s distantly related to Socrates 😹) … so yes people, there is always an alternative, doesn’t matter if it actually works in this universe or not because there is always something that can “make it work” if you keep thinking about other alternatives !😹

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Em & future cats 🇺🇦🐈🏳️‍🌈
Em & future cats 🇺🇦🐈🏳️‍🌈
@em_and_future_cats@mastodon.social replied  ·  activity timestamp 18 hours ago

@ZhiZhu @pluralistic
And yes, you might hit the wall of physics and fundamental math but hey, it’s all about the learning process 😹 (and not *everything* has been explained yet!)

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Nicole Parsons
Nicole Parsons
@Npars01@mstdn.social replied  ·  activity timestamp 13 hours ago

@em_and_future_cats @ZhiZhu @pluralistic

https://www.nytimes.com/2025/10/27/technology/saudi-arabia-ai-exporter.html

https://www.nytimes.com/2025/12/20/us/politics/koch-network-2024-election-trump.html

This is what fascist billionaires forget:

Trying to rule people permanently is like herding cats.

1. Preternaturally stubborn
2. Creative
3. Hate being told what to do
4. Willing to do you damage too
5. Will join together to do damage in the most subtle ways.

The CIA Simple Sabotage Manual was obviously written by a cat owner.

https://www.nytimes.com

Saudi Arabia’s New Power Play Is Exporting A.I. to the World

https://www.nytimes.com

Koch Political Operation Spent Nearly $550 Million During 2024 Cycle

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Levka
Levka
@LevZadov@kolektiva.social replied  ·  activity timestamp 13 hours ago

@Npars01 @em_and_future_cats @ZhiZhu @pluralistic

https://archive.ph/enjhJ

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Nicole Parsons
Nicole Parsons
@Npars01@mstdn.social replied  ·  activity timestamp 11 hours ago

@LevZadov @em_and_future_cats @ZhiZhu @pluralistic

It's truly astonishing that islamophobes like the GOP are accepting investment cash from petrostate despots to end American democracy.

The funders behind planes, loaded with passengers, flying into the world trade center now own the news via proxies.

Proxies like anti-democracy billionaires Larry Ellison, Elon Musk, & Peter Thiel.

https://prospect.org/2025/11/20/ellisons-tap-saudis-to-fund-news-media-takeover/

https://www.businessinsider.com/paramount-warner-discovery-larry-ellison-saudi-arabia-qatar-wbd-deal-2025-12

https://www.businessinsider.com/paramount-wbd-saudi-arabia-qatar-abu-dhabi-elllison-hostile-billions-2025-12

https://www.reuters.com/commentary/breakingviews/gulf-paramount-bets-logic-is-mostly-non-financial-2025-12-09/

Business Insider

Saudi Arabia, Qatar, Abu Dhabi are backing the Ellisons' hostile bid for Warner Bros. Why?

Paramount's Larry and David Ellison are making a hostile bid for Warner Bros. Three of their partners are Saudi Arabia, Qatar, and Abu Dhabi.
Business Insider

Will Middle Eastern oil nations end up owning part of CBS, HBO, CNN — and Hollywood?

Paramount might rely on financing from Middle Eastern petrostates for its offer to buy Warner Bros Discovery. That raises some tricky issues.
The American Prospect

Ellisons Tap Saudis to Fund News Media Takeover - The American Prospect

If the Saudi crown prince owns a piece of CNN and CBS News, how will they cover No Kings Days?
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Zhi Zhu 🕸️
Zhi Zhu 🕸️
@ZhiZhu@newsie.social replied  ·  activity timestamp 23 hours ago

"This is the paradox of the growth stock. While you are growing to domination, the market loves you, but once you achieve dominance, the market lops 75% or more off your value...

Which is why growth-stock companies are always desperately pumping up one bubble or another, spending billions to hype the pivot to video or #cryptocurrency or NFTs or the metaverse or #AI...

The primary goal is to keep the market convinced that your company will continue to grow"

#Tech #AI #StockMarket #News #World

Text from article(edited for length):
If you are an exec at a dominant company with a growth stock, you have to live in constant fear that the market will decide that you are not likely to grow any further. Think of what happened to Facebook in the first quarter of 2022. They told investors that they experienced slightly slower growth in the US than they had anticipated, and investors panicked. They staged a one-day, $240bn sell-off. A quarter-trillion dollars in 24 hours! At the time, it was the largest, most precipitous drop in corporate valuation in human history.
....

This is the paradox of the growth stock. While you are growing to domination, the market loves you, but once you achieve dominance, the market lops 75% or more off your value in a single stroke if they do not trust your pricing power.

Which is why growth-stock companies are always desperately pumping up one bubble or another, spending billions to hype the pivot to video or cryptocurrency or NFTs or the metaverse or AI.

I am not saying that tech bosses are making bets they do not plan on winning. But winning the bet – creating a viable metaverse – is the secondary goal. The primary goal is to keep the market convinced that your company will continue to grow, and to remain convinced until the next bubble comes along.

So this is why they’re hyping AI: the material basis for the hundreds of billions in AI investment.
Text from article(edited for length): If you are an exec at a dominant company with a growth stock, you have to live in constant fear that the market will decide that you are not likely to grow any further. Think of what happened to Facebook in the first quarter of 2022. They told investors that they experienced slightly slower growth in the US than they had anticipated, and investors panicked. They staged a one-day, $240bn sell-off. A quarter-trillion dollars in 24 hours! At the time, it was the largest, most precipitous drop in corporate valuation in human history. .... This is the paradox of the growth stock. While you are growing to domination, the market loves you, but once you achieve dominance, the market lops 75% or more off your value in a single stroke if they do not trust your pricing power. Which is why growth-stock companies are always desperately pumping up one bubble or another, spending billions to hype the pivot to video or cryptocurrency or NFTs or the metaverse or AI. I am not saying that tech bosses are making bets they do not plan on winning. But winning the bet – creating a viable metaverse – is the secondary goal. The primary goal is to keep the market convinced that your company will continue to grow, and to remain convinced until the next bubble comes along. So this is why they’re hyping AI: the material basis for the hundreds of billions in AI investment.
Text from article(edited for length): If you are an exec at a dominant company with a growth stock, you have to live in constant fear that the market will decide that you are not likely to grow any further. Think of what happened to Facebook in the first quarter of 2022. They told investors that they experienced slightly slower growth in the US than they had anticipated, and investors panicked. They staged a one-day, $240bn sell-off. A quarter-trillion dollars in 24 hours! At the time, it was the largest, most precipitous drop in corporate valuation in human history. .... This is the paradox of the growth stock. While you are growing to domination, the market loves you, but once you achieve dominance, the market lops 75% or more off your value in a single stroke if they do not trust your pricing power. Which is why growth-stock companies are always desperately pumping up one bubble or another, spending billions to hype the pivot to video or cryptocurrency or NFTs or the metaverse or AI. I am not saying that tech bosses are making bets they do not plan on winning. But winning the bet – creating a viable metaverse – is the secondary goal. The primary goal is to keep the market convinced that your company will continue to grow, and to remain convinced until the next bubble comes along. So this is why they’re hyping AI: the material basis for the hundreds of billions in AI investment.
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Zhi Zhu 🕸️
Zhi Zhu 🕸️
@ZhiZhu@newsie.social replied  ·  activity timestamp 23 hours ago

"the promise #AI companies make to investors – is that there will be AI that can do your job, and when your boss fires you and replaces you with AI, he will keep half of your salary for himself and give the other half to the AI company.
...

Now, if AI could do your job, this would still be a problem. We would have to figure out what to do with all these unemployed people.

But AI can’t do your job. It can help you do your job, but that does not mean it is going to save anyone money."

#Tech

Illustration, heading and text from article:

Illustration: a wireframe hand holding a bag of money

Heading: AI can’t do your job

Text: Now I want to talk about how they’re selling AI. The growth narrative of AI is that AI will disrupt labor markets. I use “disrupt” here in its most disreputable tech-bro sense.

The promise of AI – the promise AI companies make to investors – is that there will be AI that can do your job, and when your boss fires you and replaces you with AI, he will keep half of your salary for himself and give the other half to the AI company.

That is the $13tn growth story that Morgan Stanley is telling. It’s why big investors are giving AI companies hundreds of billions of dollars. And because they are piling in, normies are also getting sucked in, risking their retirement savings and their family’s financial security.

Now, if AI could do your job, this would still be a problem. We would have to figure out what to do with all these unemployed people.

But AI can’t do your job. It can help you do your job, but that does not mean it is going to save anyone money.
Illustration, heading and text from article: Illustration: a wireframe hand holding a bag of money Heading: AI can’t do your job Text: Now I want to talk about how they’re selling AI. The growth narrative of AI is that AI will disrupt labor markets. I use “disrupt” here in its most disreputable tech-bro sense. The promise of AI – the promise AI companies make to investors – is that there will be AI that can do your job, and when your boss fires you and replaces you with AI, he will keep half of your salary for himself and give the other half to the AI company. That is the $13tn growth story that Morgan Stanley is telling. It’s why big investors are giving AI companies hundreds of billions of dollars. And because they are piling in, normies are also getting sucked in, risking their retirement savings and their family’s financial security. Now, if AI could do your job, this would still be a problem. We would have to figure out what to do with all these unemployed people. But AI can’t do your job. It can help you do your job, but that does not mean it is going to save anyone money.
Illustration, heading and text from article: Illustration: a wireframe hand holding a bag of money Heading: AI can’t do your job Text: Now I want to talk about how they’re selling AI. The growth narrative of AI is that AI will disrupt labor markets. I use “disrupt” here in its most disreputable tech-bro sense. The promise of AI – the promise AI companies make to investors – is that there will be AI that can do your job, and when your boss fires you and replaces you with AI, he will keep half of your salary for himself and give the other half to the AI company. That is the $13tn growth story that Morgan Stanley is telling. It’s why big investors are giving AI companies hundreds of billions of dollars. And because they are piling in, normies are also getting sucked in, risking their retirement savings and their family’s financial security. Now, if AI could do your job, this would still be a problem. We would have to figure out what to do with all these unemployed people. But AI can’t do your job. It can help you do your job, but that does not mean it is going to save anyone money.
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Zhi Zhu 🕸️
Zhi Zhu 🕸️
@ZhiZhu@newsie.social replied  ·  activity timestamp 22 hours ago

"the Copyright Office has maintained – correctly – that AI-generated works cannot be copyrighted, because #copyright is exclusively for humans...

if Getty or #Disney or Universal or Hearst newspapers use #AI to generate works – then anyone else can take those works, copy them, sell them or give them away for nothing. And the only thing those companies hate more than paying creative workers, is having other people take their stuff without permission."
https://www.theguardian.com/us-news/ng-interactive/2026/jan/18/tech-ai-bubble-burst-reverse-centaur

#Art #Artist #News

Text from article:
We need to protect artists from AI predation, not just create a new way for artists to be mad about their impoverishment.

Incredibly enough, there is a really simple way to do that. After more than 20 years of being consistently wrong and terrible for artists’ rights, the US Copyright Office has finally done something gloriously, wonderfully right. All through this AI bubble, the Copyright Office has maintained – correctly – that AI-generated works cannot be copyrighted, because copyright is exclusively for humans. That is why the “monkey selfie” is in the public domain. Copyright is only awarded to works of human creative expression that are fixed in a tangible medium.

And not only has the Copyright Office taken this position, they have defended it vigorously in court, repeatedly winning judgments to uphold this principle.

The fact that every AI-created work is in the public domain means that if Getty or Disney or Universal or Hearst newspapers use AI to generate works – then anyone else can take those works, copy them, sell them or give them away for nothing. And the only thing those companies hate more than paying creative workers, is having other people take their stuff without permission.
Text from article: We need to protect artists from AI predation, not just create a new way for artists to be mad about their impoverishment. Incredibly enough, there is a really simple way to do that. After more than 20 years of being consistently wrong and terrible for artists’ rights, the US Copyright Office has finally done something gloriously, wonderfully right. All through this AI bubble, the Copyright Office has maintained – correctly – that AI-generated works cannot be copyrighted, because copyright is exclusively for humans. That is why the “monkey selfie” is in the public domain. Copyright is only awarded to works of human creative expression that are fixed in a tangible medium. And not only has the Copyright Office taken this position, they have defended it vigorously in court, repeatedly winning judgments to uphold this principle. The fact that every AI-created work is in the public domain means that if Getty or Disney or Universal or Hearst newspapers use AI to generate works – then anyone else can take those works, copy them, sell them or give them away for nothing. And the only thing those companies hate more than paying creative workers, is having other people take their stuff without permission.
Text from article: We need to protect artists from AI predation, not just create a new way for artists to be mad about their impoverishment. Incredibly enough, there is a really simple way to do that. After more than 20 years of being consistently wrong and terrible for artists’ rights, the US Copyright Office has finally done something gloriously, wonderfully right. All through this AI bubble, the Copyright Office has maintained – correctly – that AI-generated works cannot be copyrighted, because copyright is exclusively for humans. That is why the “monkey selfie” is in the public domain. Copyright is only awarded to works of human creative expression that are fixed in a tangible medium. And not only has the Copyright Office taken this position, they have defended it vigorously in court, repeatedly winning judgments to uphold this principle. The fact that every AI-created work is in the public domain means that if Getty or Disney or Universal or Hearst newspapers use AI to generate works – then anyone else can take those works, copy them, sell them or give them away for nothing. And the only thing those companies hate more than paying creative workers, is having other people take their stuff without permission.
the Guardian

AI companies will fail. We can salvage something from the wreckage | Cory Doctorow

AI is asbestos in the walls of our tech society, stuffed there by monopolists run amok. A serious fight against it must strike at its roots
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Zhi Zhu 🕸️
Zhi Zhu 🕸️
@ZhiZhu@newsie.social replied  ·  activity timestamp 22 hours ago

"AI is a bubble and it will burst... So what will be left behind?

We will have a bunch of coders who are really good at applied statistics... a lot of cheap GPUs... And we will have the #OpenSource models that run on commodity hardware, #AI tools that can do a lot of useful stuff, like transcribing audio and video; describing images;... These will run on our laptops and phones, and open-source hackers will find ways to push them to do things their makers never dreamed of."

#Technology #News

Text from article:
AI is a bubble and it will burst. Most of the companies will fail. Most of the datacenters will be shuttered or sold for parts. So what will be left behind?

We will have a bunch of coders who are really good at applied statistics. We will have a lot of cheap GPUs, which will be good news for, say, effects artists and climate scientists, who will be able to buy that critical hardware at pennies on the dollar. And we will have the open-source models that run on commodity hardware, AI tools that can do a lot of useful stuff, like transcribing audio and video; describing images; summarizing documents; and automating a lot of labor-intensive graphic editing – such as removing backgrounds or airbrushing passersby out of photos. These will run on our laptops and phones, and open-source hackers will find ways to push them to do things their makers never dreamed of.

If there had never been an AI bubble, if all this stuff arose merely because computer scientists and product managers noodled around for a few years coming up with cool new apps, most people would have been pleasantly surprised with these interesting new things their computers could do. We would call them “plugins”.

It’s the bubble that sucks, not these applications. The bubble doesn’t want cheap useful things. It wants expensive, “disruptive” things: big foundation models that lose billions of dollars every year.
Text from article: AI is a bubble and it will burst. Most of the companies will fail. Most of the datacenters will be shuttered or sold for parts. So what will be left behind? We will have a bunch of coders who are really good at applied statistics. We will have a lot of cheap GPUs, which will be good news for, say, effects artists and climate scientists, who will be able to buy that critical hardware at pennies on the dollar. And we will have the open-source models that run on commodity hardware, AI tools that can do a lot of useful stuff, like transcribing audio and video; describing images; summarizing documents; and automating a lot of labor-intensive graphic editing – such as removing backgrounds or airbrushing passersby out of photos. These will run on our laptops and phones, and open-source hackers will find ways to push them to do things their makers never dreamed of. If there had never been an AI bubble, if all this stuff arose merely because computer scientists and product managers noodled around for a few years coming up with cool new apps, most people would have been pleasantly surprised with these interesting new things their computers could do. We would call them “plugins”. It’s the bubble that sucks, not these applications. The bubble doesn’t want cheap useful things. It wants expensive, “disruptive” things: big foundation models that lose billions of dollars every year.
Text from article: AI is a bubble and it will burst. Most of the companies will fail. Most of the datacenters will be shuttered or sold for parts. So what will be left behind? We will have a bunch of coders who are really good at applied statistics. We will have a lot of cheap GPUs, which will be good news for, say, effects artists and climate scientists, who will be able to buy that critical hardware at pennies on the dollar. And we will have the open-source models that run on commodity hardware, AI tools that can do a lot of useful stuff, like transcribing audio and video; describing images; summarizing documents; and automating a lot of labor-intensive graphic editing – such as removing backgrounds or airbrushing passersby out of photos. These will run on our laptops and phones, and open-source hackers will find ways to push them to do things their makers never dreamed of. If there had never been an AI bubble, if all this stuff arose merely because computer scientists and product managers noodled around for a few years coming up with cool new apps, most people would have been pleasantly surprised with these interesting new things their computers could do. We would call them “plugins”. It’s the bubble that sucks, not these applications. The bubble doesn’t want cheap useful things. It wants expensive, “disruptive” things: big foundation models that lose billions of dollars every year.
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Zhi Zhu 🕸️
Zhi Zhu 🕸️
@ZhiZhu@newsie.social replied  ·  activity timestamp 22 hours ago

"The collapse of the #AI bubble is going to be ugly. Seven AI companies currently account for more than a third of the #StockMarket, and they endlessly pass around the same $100bn IOU.

AI is the asbestos in the walls of our technological society, stuffed there with wild abandon by a #finance sector and #tech monopolists run amok. We will be excavating it for a generation or more."
- @pluralistic

https://www.theguardian.com/us-news/ng-interactive/2026/jan/18/tech-ai-bubble-burst-reverse-centaur

#Technology #ArtificialIntelligence #Business #Economy #News #World

Text from article:
When the AI-investment mania halts, most of those models are going to disappear, because it just won’t be economical to keep the datacenters running. As Stein’s law has it: “Anything that can’t go on forever eventually stops.”

The collapse of the AI bubble is going to be ugly. Seven AI companies currently account for more than a third of the stock market, and they endlessly pass around the same $100bn IOU.

AI is the asbestos in the walls of our technological society, stuffed there with wild abandon by a finance sector and tech monopolists run amok. We will be excavating it for a generation or more.

To pop the bubble, we have to hammer on the forces that created the bubble: the myth that AI can do your job, especially if you get high wages that your boss can claw back; the understanding that growth companies need a succession of ever more outlandish bubbles to stay alive; the fact that workers and the public they serve are on one side of this fight, and bosses and their investors are on the other side.

Because the AI bubble really is very bad news, it’s worth fighting seriously, and a serious fight against AI strikes at its roots: the material factors fueling the hundreds of billions in wasted capital that are being spent to put us all on the breadline and fill all our walls with hi-tech asbestos.
Text from article: When the AI-investment mania halts, most of those models are going to disappear, because it just won’t be economical to keep the datacenters running. As Stein’s law has it: “Anything that can’t go on forever eventually stops.” The collapse of the AI bubble is going to be ugly. Seven AI companies currently account for more than a third of the stock market, and they endlessly pass around the same $100bn IOU. AI is the asbestos in the walls of our technological society, stuffed there with wild abandon by a finance sector and tech monopolists run amok. We will be excavating it for a generation or more. To pop the bubble, we have to hammer on the forces that created the bubble: the myth that AI can do your job, especially if you get high wages that your boss can claw back; the understanding that growth companies need a succession of ever more outlandish bubbles to stay alive; the fact that workers and the public they serve are on one side of this fight, and bosses and their investors are on the other side. Because the AI bubble really is very bad news, it’s worth fighting seriously, and a serious fight against AI strikes at its roots: the material factors fueling the hundreds of billions in wasted capital that are being spent to put us all on the breadline and fill all our walls with hi-tech asbestos.
Text from article: When the AI-investment mania halts, most of those models are going to disappear, because it just won’t be economical to keep the datacenters running. As Stein’s law has it: “Anything that can’t go on forever eventually stops.” The collapse of the AI bubble is going to be ugly. Seven AI companies currently account for more than a third of the stock market, and they endlessly pass around the same $100bn IOU. AI is the asbestos in the walls of our technological society, stuffed there with wild abandon by a finance sector and tech monopolists run amok. We will be excavating it for a generation or more. To pop the bubble, we have to hammer on the forces that created the bubble: the myth that AI can do your job, especially if you get high wages that your boss can claw back; the understanding that growth companies need a succession of ever more outlandish bubbles to stay alive; the fact that workers and the public they serve are on one side of this fight, and bosses and their investors are on the other side. Because the AI bubble really is very bad news, it’s worth fighting seriously, and a serious fight against AI strikes at its roots: the material factors fueling the hundreds of billions in wasted capital that are being spent to put us all on the breadline and fill all our walls with hi-tech asbestos.
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