The value is in the difficulty - Annotations

It’s Not AI. It’s FOMOnetization.

FOMO is a feeling. But it’s also a business model—and increasingly, one of the more successful ones. Fear, in general, makes people much easier to separate from their money. It’s perfectly suited to this moment of ubiquitous grift, where everything feels like a lottery ticket or a multi-level marketing scheme.

It’s even more perfectly suited for “the age of AI,” which squeezes economic FOMO from both sides. AI could make you wildly rich (the first person to start a billion-dollar company with zero employees!) or leave you hopelessly destitute (part of the looming “permanent underclass”). Which one do you want to be? Smash that like button, sign up for my online course, and use my new AI-powered business platform!

Gas Town and Bullet Hell – Petafloptimism

Matt has some smart reckons on the relationship between time and technology:

The factory bell, the railway timetable, the telegraph wire, the always-on smartphone — each imposed a new temporal discipline, each produced its own characteristic form of exhaustion, and each was eventually (partially, imperfectly) domesticated through a combination of regulation, design, and collective action.

Progress Without Disruption - Christopher Butler

We’ve been taught that technological change must be chaotic, uncontrolled, and socially destructive — that anything less isn’t real innovation.

The conflation of progress with disruption serves specific interests. It benefits those who profit from rapid, uncontrolled deployment. “You can’t stop progress” is a very convenient argument when you’re the one profiting from the chaos, when your business model depends on moving fast and breaking things before anyone can evaluate whether those things should be broken.

We’ve internalized technological determinism so completely that choosing not to adopt something — or choosing to adopt it slowly, carefully, with conditions — feels like naive resistance to inevitable progress. But “inevitable” is doing a lot of work in that sentence. Inevitable for whom? Inevitable according to whom?

In 2025, venture capital can’t pretend everything is fine any more – Pivot to AI

Here is the state of venture capital in early 2025:

• Venture capital is moribund except AI.
• AI is moribund except OpenAI.
• OpenAI is a weird scam that wants to burn money so fast it summons AI God.
• Nobody can cash out.

What we talk about when we talk about AI — Careful Industries

Technically, AI is a field of computer science that uses advanced methods of computing.

Socially, AI is a set of extractive tools used to concentrate power and wealth.