iiinova — where your digital self keeps evolving

Replies

By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/09/2026

This is the same wheeze that Softbank tried with Wework. Speaking in my capacity as an author of internationally bestselling technothrillers about accounting fraud, I can tell you that it was accounting fraud then, and it's accounting fraud now: www.ndtv.com/world-news/h...

ndtv.com

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/09/2026

But let's give the AI bosses a momentary benefit of the doubt and stipulate that they are on the verge of acquiring positive unit-economics, which will let them start to pay off the massive expenditures they incurred by training their models and enter their long-anticipated profitability phase.

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By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/09/2026

That's when the money-furnaces they've been running for years turn into money *printers*, to the delight of the investors who've supplied the vast bales of $100 bills the companies have been shoveling into their models' coalboxes for years now.

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