(3/6) AI hype is a mirror of market fundamentalism
#LLMs are the perfect microcosm of capitalism. These systems mask the vast amounts of labor needed to run them, allowing commodity fetishism to form around #AImodels.
This mirrors the fetishism #neoliberal #economists display around markets, detached from understanding the influence of #capitalist institutions and #politics on markets.
(4/6) The lethal economics of corporate kung fu
Market failure = firm success. To understand #economic reality, we have to understand that companies are competing over ways to avoid economic competition. Even if it comes at consumers' expense. Corporate kung fu are the insane tactics companies pursue that screw over consumers.
