Pavel @spavel.bsky.social · 06/10/2025When making a bet, by definition, success is uncertain. You invest the minimum time and money to get an idea of whether it makes sense to invest more. The signal we have - from CEOs not seeing value, to workers hating the tools, to studies showing drops in productivity - all indicate failure. 1316
Pavel @spavel.bsky.social · 06/10/2025But big tech isn't acting like AI is a bet. They're acting like it's a sure thing, and betting everything on it as a result. The only way to justify that is to completely ignore the evidence, and force everyone else to ignore it too. Close ranks around the narrative of inevitable success. 34511
Pavel @spavel.bsky.social · 06/10/2025Because as soon as one influential investor asks "what are we doing exactly?" the whole bubble pops. Therefore, asking this question must never be allowed. In this conceptual framework, line can only go up, and will go up forever. 1424
Pop Peacock @poppeacock.bsky.social · 06/10/2025They have to claim it's a sure thing, because the "AI will do everything" story is the only way to justify continuing to price these otherwise mature firms as growth stocks and prevent the crash that recategorizing them as value stocks would cause. See: pluralistic.net/2025/07/28/t...pluralistic.netPluralistic: How twiddling enshittifies your brain (28 Jul 2025) – Pluralistic: Daily links from Cory Doctorow 000
gleebix @gleebix.bsky.social · 06/10/2025have had to work with some people who tried to operate like this on lower-stakes, but equally insane propositions and it is maddening and untethered behavior 010