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"Do the potential paying customers for these large models add up to enough money to keep the servers on? That's the 13 trillion dollar question, and the answer is the difference between WorldCom and Enron, or dotcoms and cryptocurrency. Though I don't have a certain answer to this question, I am skeptical. AI decision support is potentially valuable to practitioners. Accountants might value an AI tool's ability to draft a tax return. Radiologists might value the AI's guess about whether an X-ray suggests a cancerous mass. But with AIs' tendency to "hallucinate" and confabulate, there's an increasing recognition that these AI judgments require a "human in the loop" to carefully review their judgments. In other words, an AI-supported radiologist should spend exactly the same amount of time considering your X-ray, and then see if the AI agrees with their judgment, and, if not, they should take a closer look. AI should make radiology more expensive, in order to make it more accurate. But that's not the AI business model. AI pitchmen are explicit on this score: The purpose of AI, the source of its value, is its capacity to increase productivity, which is to say, it should allow workers to do more, which will allow their bosses to fire some of them, or get each one to do more work in the same time, or both. The entire investor case for AI is "companies will buy our products so they can do more with less." It's not "business custom­ers will buy our products so their products will cost more to make, but will be of higher quality.""

Cory on fire this month another thought provoking article...

Cory Doctorow article - thought provoking...

"One of the problems with The Social Dilemma is that it supposes that tech did what it claims it did - that these are actually such incredible geniuses that they figured out how to use machine learning to control minds. And that's the problem - the mind control thing they designed to sell you fidget spinners got hijacked to make your uncle racist. But there's another possibility, which is that their claims are rubbish. They just overpromised in their sales material, and that what actually happened with that growth of monopolies and corruption in the public sphere made people cynical, angry, bitter and violent. In which case the problem isn't that their tools were misused. The problem is that the structures in which those tools were developed are intrinsically corrupt and corrupting."

"The combination of software and IP in every device is a sea-change for the organization of our society. As firms have become increasingly concentrated - as monopolies have emerged in every sector - they have also figured out how to infuse their products with just enough software that they can invoke IP to control their competitors, critics, and customers. These are market power monopolies backstopped by creators' monopolies, which create IP rights that supercharge their market power."

""Dehumanisation and intensification of work is not inevitable…In other words, we must make sure the robots work for us, and not the other way around.""

"The tool tracks every click and interaction by employees and presents managers with leaderboards showing relative "productivity" of each employee, down to how many mentions they get in workplace emails."

"My prediction failed. For a decade and a half, Facebook resisted the fate of all the social networks that preceded it. In hindsight, it's easy to see why: it cheated. The company used investor cash to buy and neutralize competitors ("Kids are leaving Facebook for Insta? Fine, we'll buy Insta. We know you value choice!"). It allegedly spied on users through the deceptive use of apps such as Onavo and exploited the intelligence to defeat rivals. More than anything, it ratcheted up "switching costs.""

"For many years, even TikTok's critics grudgingly admitted that no matter how surveillant and creepy it was, it was really good at guessing what you wanted to see. But TikTok couldn't resist the temptation to show you the things it wants you to see rather than what you want to see. The enshittification has begun, and now it is unlikely to stop."