Post #4439844

The inimitable @pluralistic@mamot.fr is in Australia, speaking at The Wheeler Centre and the Festival of Dangerous Ideas - and his interview with Rhiannon Stevens for Australian Broadcasting Corporation (ABC) is - as usual - right on the money. His views on the growing hashtag#AI bubble are prescient, as he points to the commodification of models through open weight approaches such as those used by DeepSeek and Kimi, and what this means for current stock markets: "So, we're going to have these models. We're going to make them run far more efficiently. We'll make incremental improvements to them. And we're not going to use it for so many frivolous and pointless things that are heavily subsidised that we need new chips every year. And it'll just become a normal technology. And if we're not careful when a third of the stock market is vaporised, when the Magnificent Seven, who are 35 per cent of the S&P 500 are all losing money on AI, when they burst. If we're not careful, we'll do austerity again." This isn't inevitable. We still have the power to change how this technology evolves and matures - and to ensure that it doesn't leave a trail of financial, environmental and psychological devastation in its wake. If you read one thing this weekend, read this. https://www.abc.net.au/news/2026-08-08/cory-doctorow-on-the-ai-bubble-and-inevitability/106982988