Will the technology companies, and their shareholders, absorb responsibility, act with maturity, offer guidance, or exercise restraint. I doubt it. There is no leadership here, only a sustained sprint for more cash. When the AI bubble bursts, expect thousands of reflexive startups to follow. Not to repair damage or learn anything, but to capitalise on […]
Extreme concentrations of wealth are not anomalies sitting awkwardly inside an otherwise functioning system. They are what the system becomes when its capacity to attenuate runaway amplification has been compromised. In any open, adaptive system, stability is not achieved through static balance but through a continuous negotiation between reinforcing and dispersive forces. Positive feedback generates […]
We two passing bubbles bind in tender bond and balance find in each that missing part of each that is in and of the other’s emptiness.
Daedelus Kite 