Extinction-level capitalism (matthewbutterick.com)

AI is inher­ently polit­ical tech­nology. If AI works as intended, it will grad­u­ally corrode our liberal democ­racy, risking an irre­versible shift into another polit­ical and economic config­u­ra­tion. Among AI risks, this one deserves more consid­er­a­tion, because it requires no addi­tional condi­tions like malign actors or AI malfunc­tion. AI only needs to amplify existing trends, espe­cially around concen­tra­tion of capital. This damage will occur even assuming that in the near term, AI will broadly improve mate­rial well-being.

A long read that is worth the time. I appreciate it anytime a lawyer writes in plain language I can understand.

Telecom investment in the 90s as a theory for how data center investment will collapse into bankruptcy and 98% losses sounds okay to me.

I’d be fine with a future where on device models power my consumer level needs. I just need something to rename all my files consistenty and put them in folders.

Do not become addicted to goodies.