By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 19/06/2026Like an Amway victim, these boardroom rubes simply can't *believe* that *all these people* could be in on the con. How could the world spend *trillions* on AI if it's not on a path to profitability? 25/ 110818
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 19/06/2026It's not that these guys spent 2008 in a cave - rather, they just lack the object permanence to remember the last time a "Federal Wallet Inspector" approached them at a board meeting and took them for everything: pluralistic.net/2025/12/13/u... 26/pluralistic.netPluralistic: Federal Wallet Inspectors (13 Dec 2025) – Pluralistic: Daily links from Cory Doctorow 1744
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 19/06/2026The thesis that "it can't be nonsense if there's a lot of money at stake" is the core of so many of these swindles. It's the investment theory that holds that once a pile of shit gets big enough, there *must* be a pony under it somewhere. 27/ 412426
