Cory Doctorow Says the AI Industry Is About to Collapse


Illustration by Tag Hartman-Simkins / Futurism. Source: Getty Images

Regarding realization technology, little is also cynical – or Prescribe – as an author of science fiction and technological journalist Cory Doctorow.

Its mixture in the technological criticism and classes analysis phase has repeatedly found Doctorow on many occasions at the forefront of the comments on our techno-capitalist society. In many ways, his chaps on subjects like Technological Broligarques And hindrance broken the mold to allow room for the type of technological reporting carried out by media projects such as Technology press And 404 mediaor podcasts “”Tech will not save us,” And “Better offline. “”

For better or for worse, Doctorow’s Ideas have often been an essential mirror in the complicated relationship of our society with technological societies. Now, in a recent test published on His blog PluralisticDoctorow warns against the imminent collapse of the AI ​​industry – a financial disaster fueled by media threshing that it says that it is too late to avoid.

In his test, Doctorow recounts a conversation he had with a undergraduate student after giving a conference on the AI ​​bubble, in which he reiterated that AI investors supported the American economy.

“So, you say that a third of the stock market is linked in seven IA companies that have no way of becoming profitable and that it is a bubble that will burst and take away the whole economy?” Asked the student with fear.

“Yes, that’s true,” replied the critic of technology.

“Okay, but what can we do about it?”

Doctorow replied that the bubble is supported by Tech MegaCompanies that now beg investors to get on board, now that their growth potential slows down. For judicial investors, monopolists sell a lie that AI can replace human workers – while in reality, IA experiences fail at 95% of the companies that try them.

“The AI ​​cannot do your job, but an AI seller can convince your boss 100% to dismiss you and replace you with an AI that cannot do your job,” writes Doctorow. “When the bubble bursts, the” foundation models “of the hemorality of money will be closed and we will lose the AI ​​which cannot do your job, and you will have left for a long time, recycled or retired or` discouraged ” and out of the labor market, and no one will do your job. “

“AI is the asbestos that we pellet in the walls of our society and our descendants will dig it for generations,” he continued.

Since these investments are already locked in a complex network of financial capitalDoctorow maintains that the best thing to do – and only – is the “perforation of the AI ​​bubble as soon as possible, to stop this before it progresses more and to trigger the accumulation of social and economic debt.”

Sauté the bubble means eliminating the “important basis”Soup: the myth that important language models can do our job.

“The most important thing about AI is not its technical capacities or its limits,” concludes Doctorow. “The most important thing is the history of investors and the mania that has followed that has experienced an economic disaster that will harm hundreds of millions, or even billions of people. The AI ​​will not wake up, will become supentilelligent and will transform you into a trombone – but people rich with the psychosis of the investors of AI will certainly make you much poorer. ”

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