The Jackpot Blog

(1) Trump phone ships.

(2) AI automates upselling..

(3) Why the AI backlash has turned violent..

Why isn’t capital1 under democratic control?

That’s it. That’s the post.

NOTE

1 Economic capital, not social or symbolic capital, etc.

I sympathize with batteries…

• Cable.
• Boo
• Marx

[musical interlude (bassist: James Jamerson)].

Lambert here: The authors write: “We model advances in AI as a rise in the share of tasks that can be automated. This shock increases productivity and potential output, but also opens up the possibility that capital may displace labour in production.” Nobody seems to give consideration to a different model: With AI, capital does displace labour in production, with at best no increase in productivity, but with a decrease in output quality.

Musical interlude:

Lambert here: I’ll bet. As you will, too, taking your life into your hands with that stuff.

“Trump and Kennedy Seek To Relax Safeguards for AI Healthcare Tools” [Darius Tahir, KFF Health News].

Paul Boyer, a psychotherapist for Kaiser Permanente in Oakland, California, is experiencing the AI revolution firsthand. He’s a little underwhelmed.

“The Defensive Activation Theory: REM Sleep as a Mechanism to Prevent Takeover of the Visual Cortex” [David M Eagleman, Don A Vaughn Frontiers of Neuroscience (JIF 3.2)]:

(1) America Has Lost Its Leverage Over China.

(2) Government debt is not a burden on future generations..

(3) How gig workers produce AI training sets..