This very much resembles spoofing within computer systems. I was a cybersecurity marketer who studied economics. The more I learned about network abuse, the more I realized how different types of hacks map to market failure in capitalist systems. misaligned.markets/capitalism-a...

It's not just about concentration. Capitalism's weird in that markets reward exploiting asymmetries in metrics/representations. Underpricing climate change is profitable, untethering homeowner quality from CDOs was profitable. The system deliberately seeks misrepresentation

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I feel is the reason we’re in a bubble is because they’ve been using scale to pretend individual models are becoming more capable and thus more “human.”

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Fatherland this, daddy that… yeah fascism is an ideology for damaged little boys who probably had daddy issues.

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This brain drain from science to the gig economy is not unique.

Soren was confirmed to just be Musk, right?

Oh great, thanks for confirming the contagon will escape into the broader economy!

Systems compress reality into "legible" representations to act on them. I'm creating a meta-concept similar to James Scott's legibility, but for markets. Maybe it already exists? Capitalism weirdly incentivizes gaming these representations in a self-defeating way.

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In a sane society, where democracy still applies, this is the only path forward. There's this reflexive tendency among "norms-based" liberals to avoid conflicts which appear moral/partisan, but at this moment, any sense of norms that doesn't enforce consistent rule of law is self-defeating.

(6/6) #Capitalism runs like a computer (and it's being hacked)

Markets under capitalism are an open system whose norms and protocols can be hijacked to create permanent structural advantages. Very similar to #exploits #vulnerabilities in #cybersecurity.

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(5/6) The tension at the heart of market #capitalism:

1. Property rights limit competition
2. Property rights enforcement invites exploitation
3. Markets reward secrecy but need transparency to function well
4. Market success undermines market competition

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(4/6) The lethal economics of corporate kung fu

Market failure = firm success.

To understand #economic reality, we have to understand that companies compete over ways to avoid economic competition. Even if it comes at consumers' expense.

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(3/6) AI hype is a mirror of market fundamentalism

#LLMs are the perfect microcosm of capitalism. They mask the vast labor needed to run them. Similarly, markets hide their reliance on #capialist institutions allowing #economists to take politics for granted.

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(2/6) #LLM “intelligence” is a #darkpattern

The defining feature of LLMs is that they’re a “dark pattern” hiding the idea that a mind’s on the other end. Unlike good tech, there’s no affordance that promotes intended use. This is a hammer without a handle.

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A lot of fights in modern markets and deomcracy resemble
these earlier fights. Who gets to enclose? Whose proerty rights are essential? Why?

Furthermore, modern markets have tendences impossible to describe without reference to capitalism and it's drive to lable or "seralize" inputs in the economy

I think capitalism is a fine term if it's:

1. Disambiguated from markets.
2. Forgrounded as a historical process initated by groups using private ownership to stratigically create social relations built on dependence and domination. See land enclsoure, Early US aristocratic democracy and slavery.

IMO, the defining feature of LLMs is that they’re a structured “dark pattern.” This sounds pedantic, but I’m highlighting what the design choice of these systems results in, even if their outputs are slop. The growing bubble is the cost of maintaining the illusion.
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Don’t even see this as a moral issue. Having a masked paramilitary federal force with no obligation to identify themselves, consisting solely of trigger happy dudes whose only relevant experience is losing at Call of Duty, is bad. That’s especially true if you value legitimate law enforcement.

OpenAI’s not avoiding my suspicion that it’s a cargo cult business just speedrunning Silicon Valley’s playbook with no understanding of why it worked. They’re not even out of the blitzscaling phase and are already enshittifying their core product.