I'm worried about AI psychosis. Specifically, I'm worried about the psychosis that makes "capital allocators" spend *$1.4T* on the money-losingest technology in human history, in pursuit of a bizarre fantasy that if we teach the word-guessing program enough words, it will take all the jobs.

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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2026/04/13/always-great/#our-nhs

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@pluralistic It's an arms race right now to stake claims. Another way to think about it might be to consider the character of the people/entities trying to stake the claims. The companies putting in the billions have apparently been able to capitalize on this sort of bet in the past.