JEREMY HSU – Like financial crises of the past, an abrupt end to the AI bubble could inflict considerable economic pain on millions of people worldwide. But the alternative is the prolonging of an AI bubble that is increasingly unsustainable in both the financial and environmental senses, with the winners mainly being some of the wealthiest companies on the planet and their investors.
Tag: AI
Nuclear power is failing, and AI can’t rescue it
AMORY B. LOVINS – Nuclear generation is expensive and slow to develop. Claims that past failures won’t recur have convinced politicians to socialize investments rejected by private capital markets.
Propaganda About AI and Nuclear Power Continues, but Does Not Hold Up
M.V. RAMANA – Lewis Mumford once despaired: “our technocrats are so committed to the worship of the sacred cow of technology that they say in effect: Let the machine prevail, though the earth be poisoned, the air be polluted, the food and water be contaminated, and mankind itself be condemned to a dreary and useless life, on a planet no more fit to support life than the sterile surface of the moon”.