How AI, Healthcare, and Labubu Became the US Economy
kyla.substack.com
How AI, Healthcare, and Labubu Became the US Economy
In today’s piece, I write about the 3 Americas: one built on AI speculation, one held together by healthcare, and one running on memes, riffing a bit on Joe Weisenthal’s recent piece on the 'futuristic jobs report'. We’re spending trillions trying to make AI work, even as we fall behind China in basic research, energy, and manufacturing. Healthcare... See more
WHY EVERYTHING IS GAMBLING NOW
In today’s New York Times piece, I wrote about how everything from AI investment, memecoins, tariffs, healthcare, debt-roulette apps have turned the US economy into a casino. https://t.co/ihc6VCsyPp
Thoughts on AI (particularly generative AI) in no particular order of development or importance:
The widespread use of AI is resulting in the largest collective brain drain of the human experience. But is this the result of COVID (remote learning, overreliance on online experiences, mental decline from Long COVID) and AI is the tool used to
Once AI renders virtually all human labor commercially useless, most people will be condemned to eternal subjugation and precarity. No company will pay you for work that a robot can do better. And no market economy will let you climb the income ladder if your labor has no value. In Silicon Valley, such reasoning has generated a peculiarly dystopian... See more
American society is driven by hyperindividualism: we are all free and independent individuals who can choose to do pretty much what we want.This clearly isn’t true, since people obviously aren’t free: they’re controlled by socioeconomic circumstances. I think most people feel like it’s impossible for them succeed in today’s world (“I will never be... See more