After all the discourse over whether super-intelligent, ultra-powerful AI is coming, we now have a prime example of exactly how AI is massively disruptive, today: When it is used by lazy, reckless, and malicious people in power. Welcome to the age of AI-generated economic collapse, everyone - ThreadSky

bcmerchant.bsky.social • 7 days ago

After all the discourse over whether super-intelligent, ultra-powerful AI is coming, we now have a prime example of exactly how AI is massively disruptive, today: When it is used by lazy, reckless, and malicious people in power.

Welcome to the age of AI-generated economic collapse, everyone

Comments

fmmh.bsky.social•6 days ago

AI is real shit. And the pictures it produces look all like, disgusting, 1930ies nazi-art.

elchopo99.bsky.social•7 days ago

well well well, @edzitron.com is always saying that AI hasnt accomplished anything monumental. destroying the global economy in 2 days seems like a pretty monumental achievement!

juliadassin.bsky.social•7 days ago

Those people publishing “abundance” takes last month are going to be Fukuyama’d for the rest of their lives.

scribblegurl.bsky.social•7 days ago

🙏

drunkandcoding.bsky.social•7 days ago

🤣🤣🤣

millielou1.bsky.social•7 days ago

Biden's economy when he left in January 2025. 😖

jessdee.bsky.social•6 days ago

They needed this to be economically as impactful (in the positive) as the fucking Internet, if not more so, in order to stave off the tendency for the rate of profit on capital to fall.

It is not going to do that, so....

Oh no.

richardcblair.bsky.social•6 days ago

AGMI is here. Artificial general malicious incompetence.

tft.io•6 days ago

https://bsky.app/profile/tft.io/post/3keioxr3krd2t

umlauthuth.bsky.social•7 days ago

i kinda feels like nobody else remembers the 2010 automated trading kerfluffle

dawniefish.bsky.social•7 days ago

https://bsky.app/profile/dawniefish.bsky.social/post/3llyxihbexs2p

bcmerchant.bsky.social•7 days ago

This week's newsletter takes a look at how it is that we arrived at the point where "the White House's AI-generated tariffs" is a phrase that describes reality, how the industry's promotion of super-powerful AI has encouraged the worst and laziest people to rely on these tools—to disastrous effect.

john-gardi.bsky.social•7 days ago

The AI made what it considered the 'right' decision because it lacks the moral compass to question the human impact on its calculations.

bcmerchant.bsky.social•7 days ago

I *also* look at how OpenAI, the chief promoter of the 'AGI' framework, successfully used the idea that super-powerful AI is imminent to score a record-breaking $40 billion investment deal this week. This idea and the fact that some DOGE lackey using AI to generate tariff rates are connected.

bcmerchant.bsky.social•7 days ago

This isn't just speculation. Last year I published a report with the @ainowinstitute.bsky.social examining OpenAI's rise, and found there was a correlation between its use of 'AGI' in press materials and when it sought—and received—funding and press attention.

https://ainowinstitute.org/general/ai-generated-business

bcmerchant.bsky.social•7 days ago

This correlation holds up now, more than ever. In February, Sam Altman wrote a blog post claiming that "systems that point to AGI are starting to come into view", in the midst of negotiations with SoftBank. After a major AGI-is-coming press cycle led by the NYT, OpenAI lands a $40 billion deal.

bcmerchant.bsky.social•7 days ago

Mere days after the OpenAI deal is announced, Trump announces his tariffs, which were (almost certainly) hastily calculated by an AI chatbot.

john-gardi.bsky.social•7 days ago

Isaac Asimov saw the necessity for the 'Three Laws of Robotics (flawed as they were) a 𝘭𝘰𝘯𝘨 time ago. 🧐
(...and we'll leave the 𝘡𝘦𝘳𝘰th Law right out of the equation! 🫣)

bcmerchant.bsky.social•7 days ago

I'm asking everyone to take this opportunity to consider this, the vast gulf between what AI companies are promising—hyper-intelligent, world-changing AI—and what's happening on the ground, right now: Cruel and lazy people using the products those companies are selling to tank the economy.

clear-mirror.bsky.social•7 days ago

Even Reagan knew better - with that “verify” step

andyinafield.bsky.social•7 days ago

The Circularity.

hagenblix.bsky.social•7 days ago

"Let that accountability sink in" -Elon Musk, iirc

thehaligonian.bsky.social•7 days ago

An "accountability sink". How horrifying and prescient.

scribblegurl.bsky.social•7 days ago

📌

crobertbuchanan.bsky.social•7 days ago

I find that people plugging AI as our savior are motivated by either laziness (AI will do it for me! No need to work/study/plan) or amorality/greed (all your work are belong to me!).

And then there is ignorance.

dyaseen.bsky.social•7 days ago

Great piece! Fully agree

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