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oftwominds-Charles Hugh Smith
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Latest posts
Last updated about 16 hours ago
Risk and AI: It's Tricky
about 19 hours ago
The possibility that AI will end up unleashing waves of 'Anti-Progress'--malicious uses...
The US Economy In a Nutshell: Privatize the Gains, Socialize the Costs
4 days ago
Correspondent Simons Chase insightfully summarized this dynamic: Privatize the Gains, Socialize the...
Five Dynamics That Make Sense of an Increasingly Chaotic World
7 days ago
These dynamics and the incentives they generate lead to systemic crisis and...
What Once Explained Everything Now Explains Nothing
9 days ago
If we believe substituting self-serving cover stories for a truly realistic appraisal...
What If the Work We're Busy Automating Is Needless?
13 days ago
The problem with durable, low-maintenance, low-operating cost technologies is self-evident: they're not...
What AI Is and Is Not-- or, When Electrocution of Innocents Becomes Profitable
15 days ago
It behooves us to be clear on what AI is and is...
We Don't Need the World, We Only Need Money
17 days ago
The idea that modifying or replacing currency will solve problems of corrupted...
AI's Insurmountable Flaw: "Mass Regurgitation of Misinformation"
20 days ago
These immense hidden costs will not show up in GDP until they...
Is AI Reversing Anti-Progress or Is It Accelerating It?
22 days ago
Perhaps it's time to admit that AI hype is self-serving propaganda, and...
Choose One: Housing Is Shelter, or Housing Is Just Another Asset in a Bubble Economy
28 days ago
Those seeking housing as shelter cannot compete with wealthy households and entities...
AI Data Centers Are Not the Railroads of Today
about 1 month ago
The AI boom shares all the risk profiles of previous speculative manias...
Could Instability Trigger Radical Change In Your Life?
about 1 month ago
I propose that the world is upside down, that the way we...