Member-only story
Artificial Intelligence
Economics
About the AI Boom
Nov 4, 2025
Press enter or click to view image in full size![]()
Five things
- There’s no positive business model, they can’t replace staff, or at least not without new supervisors.
- They are now borrowing to invest in each other.
- Hallucinations are a feature, it gets things wrong,
- The rule base’s ownership is obscure and Code is Law
- It’s [deliberately] wasteful of resources which people need to live.
It’s useless as a pillar of a growth/industrial policy.
Originally published at https://davelevy.info on November 4, 2025.
