If I had a penny for every time I heard something like

"We're going to track increases in productivity that we gain by adopting GenAI"

1. So you're assuming it's an increase
2. Against what control group
3. With no acknowledgement of confounding variables or experiment design
4. Around the...famously open problem of measuring software engineering productivity?

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in reply to Insecurity Princess πŸŒˆπŸ’–πŸ”₯

"...is AI really going to do so fantastically that it's worth paying far more for the book value of these assets, far more for the projected future earnings β€” not the current earnings β€” far more for the projected future earnings of these stocks than people have ever asked in the past. So, that's plainly front and center the biggest issue."

bloomberg.com/news/articles/20…

archive.ph/06X1W

AI is a flight of capital out of the fossil fuel industry & little to do with productivity

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This entry was edited (4 months ago)

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1. AI iniatives are ways to artificially boost fossil fuel demand.

The market shrinks as solar, wind, etc gain ground, because they are far less expensive than fossil fuels.
theguardian.com/environment/20…

bloomberg.com/news/articles/20…

wired.com/story/heres-where-to…

politico.com/newsletters/power…

wired.com/story/trump-energy-i…

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3/

2. AI initiatives have malign intent, by malign actors.
-- foreign election interference
-- disinformation campaigns
-- manipulating public sentiment
-- wage suppression, voter suppression
-- international state surveillance platforms
-- funded by anti-democracy billionaires, oil oligarchs, & petrostate despots

3. AI iniatives inflate consumer electricity rates ie consumers are subsidizing stock market frauds.

motherjones.com/politics/2025/…

blog.ucs.org/maria-chavez/who-…

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4. Fossil fuel interests are sitting on billions of dollars of oil assets facing steep devaluation in the future, as people stop buying their toxic products

The industry is cashing out its chips while it can. AI is a product without a genuine market; a scam in search of Greater Fools.

The industry seeks to restrict supply & keep prices high with sanctions on Russian & Venezuelan oil, EU/India tariff threats.

greencentralbanking.com/2022/0…

cepr.org/voxeu/columns/burn-no…

en.clickpetroleoegas.com.br/In…

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@Npars01 aye

[ #CorporateDeathPenalties ]

rush.com/songs/territories/

The whole wide world
An endless universe
Yet we keep looking through
The eyeglass in reverse

Don’t feed the people
But we feed the machines

Can’t really feel
What international means

#WordsMindMusic #WhatIsOligarchy

in reply to Insecurity Princess πŸŒˆπŸ’–πŸ”₯

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"Corporate jargon translator fish" says that "We're going to track increases in productivity that we gain by adopting GenAI" means "We're going to 'gin up' some numbers to 'justify' our massive corporate spend in GenAI."

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