AI companies will fail. We can salvage something from the wreckage - Cory Doctorow [View all]
https://www.theguardian.com/us-news/ng-interactive/2026/jan/18/tech-ai-bubble-burst-reverse-centaur
A long read from
The Guardian by Cory Doctorow on the threat, future, and probable collapse of the AI bubble. It is full of needle-sharp insights, like:
"In automation theory, a centaur is a person who is assisted by a machine. Driving a car makes you a centaur, and so does using autocomplete. A reverse centaur is a machine head on a human body, a person who is serving as a squishy meat appendage for an uncaring machine.
For example, an Amazon delivery driver, who sits in a cabin surrounded by AI cameras that monitor the drivers eyes and take points off if the driver looks in a proscribed direction, and monitors the drivers mouth because singing is not allowed on the job, and rats the driver out to the boss if they do not make quota."
and
"Tech bosses want us to believe that there is only one way a technology can be used. Mark Zuckerberg wants you to think that it is technologically impossible to have a conversation with a friend without him listening in. Tim Cook wants you to think that it is impossible for you to have a reliable computing experience unless he gets a veto over which software you install and without him taking 30 cents out of every dollar you spend. Sundar Pichai wants you to think that it is for you to find a webpage unless he gets to spy on you from asshole to appetite.
There is no alternative is a cheap rhetorical slight. Its a demand dressed up as an observation. There is no alternative means: stop trying to think of an alternative.
and
"This is the paradox of the growth stock. While you are growing to domination, the market loves you, but once you achieve dominance, the market lops 75% or more off your value in a single stroke if they do not trust your pricing power.
Which is why growth-stock companies are always desperately pumping up one bubble or another, spending billions to hype the pivot to video or cryptocurrency or NFTs or the metaverse or AI."
and
"The markets bet on AI is that an AI salesman will visit the CEO of Kaiser and make this pitch: Look, you fire nine out of 10 of your radiologists, saving $20m a year. You give us $10m a year, and you net $10m a year, and the remaining radiologists job will be to oversee the diagnoses the AI makes at superhuman speed and somehow remain vigilant as they do so, despite the fact that the AI is usually right, except when its catastrophically wrong. And if the AI misses a tumor, this will be the human radiologists fault, because they are the human in the loop. Its their signature on the diagnosis.
This is a reverse centaur, and it is a specific kind of reverse centaur: it is what Dan Davies calls an accountability sink. The radiologists job is not really to oversee the AIs work, it is to take the blame for the AIs mistakes."
And lots more.
Very worth a read!
interestedly,
Bright