I'm pretty sure I have no more than three followers, actually.
YourNetworkIsHaunted
Longer read than I had realized but worth every word. Very well done.
In other words, we may eventually reach a sort of wealth singularity, a point when the wealth of a few grows so exponentially that it basically reaches the point of infinity.
I actually question whether or not this has already happened. The wealthy already have access to enough money that they don't actually need to sell assets - to give anything up - in order to get credit. Just taking away Elon's money doesn't make him stop being Elon. It doesn't take away his connections, his charisma, his loyal follower base, etc. Even if he did get taken down in court any financial consequence wouldn't actually hurt his power base nearly as much as the reputational shift (see also Orange Man). Their net worth may not be literally infinite, but I can't think of any additional power or prestige they could command if it was.
Nope. That would be more immediately concerning but less dumb than the reality.
Alright OpenAI, listen up. I've got a whole 250GB hard drive from 2007 full of the Star Wars/Transformers crossover stories I wrote at the time. I promise you it's AI-free and won't be available to train competing models. Bidding starts at seven billion dollars. I'll wait while you call the VCs.
I don't know, I think by their stated goals they did alright. They took investor money, yes, but they used it to move very quickly and break a lot of things. Now, we should probably have seen ahead of time that this was actually a bad thing and that breaking things is a bad goal, but it was the 2000s and we all thought touchscreen digital watches were pretty neat.
Easy Money Author (and former TV Star) Ben Mckenzie's new cryptoskeptic documentary is struggling to find a distributor. Admittedly, the linked article is more a review of the film than a look at the distributor angle. Still, it looks like it's telling the true story in a way that will hopefully connect with people, and it would be a real shame if it didn't find an audience.
Given the relative caliber of those two I think this may be considered an attempted inducement to suicide by better writer. Not that I'm complaining, mind you.
I do think Ed is overly critical of the impact that AI hype has had on the job market, not because the tools are actually good enough to replace people but because the business idiots who impact hiring believe they are. I think Brian Merchant had a piece not long ago talking about how mass layoffs may not be happening but there's a definite slowdown in hiring, particularly for the kind of junior roles that we would expect to see impacted. I think this actually strengthens his overall argument, though, because the business idiots making those decisions are responding to the thoughtless coverage that so many journalists have given to the hype cycle just as so many of the people who lost it all on FTX believed their credulous coverage of crypto. If we're going to have a dedicated professional/managerial class separate from the people who actually do things then the work of journalists like this becomes one of their only connectors to the real world just as its the only connection that people with real jobs have to the arcane details of finance or the deep magic that makes the tech we all rely on function. By abdicating their responsibility to actually inform people in favor of uncritically repeating the claims of people trying to sell them something they're actively contributing to all of it and the harms are even farther-reaching than Ed writes here.
Right? I guess maybe the incel-adjacent want to go back to the standards of medieval kings needing to have the whole court in their bedchambers on the wedding night just to make absolutely certain that the royals fucked at least once.
It's also kind of weird to see Atlas Shrugged on the list. Not because it's not dystopian because the only thing it's missing from its libertarian hellscape is realistic consequences in the form of bear attacks. But unlike the others the society isn't expressly said to be awful by the narrative. Or, for Scholtzenizen, by reality.
Your bonus points link is even dumber than you're suggesting. The first half of the tweet:
I don't want to live in the world of "Camp Of The Saints".
I don't want to live in the world of "Atlas Shrugged".
I don't want to live in the world of "The GULag Archipelago".
I don't want to live in the world of "Nineteen Eighty-Four".
I don't want to live in the "Brave New World".
I want to live in the world of Hyperion, Ringworld, Foundation, and Dune
I don't want bad things! I want good-ish things!
Also I've never read Ringworld or Hyperion but the other two stories span literal millennia and show wildly different societies over that period. Hell, showcasing that development is the entire first set of Foundation stories. Just... You can absolutely tell this sonofabitch doesn't actually read.
How had I missed that the guy who was "intrigued" by crypto in 202X was also the guy who told the chatbot to make him leave his wife? I really need to pay more attention to the byline.