Rebecca Patterson's recent New York Times essay uses a Jenga tower as a metaphor for the American economy in 2025. Blocks are being removed—small businesses cutting jobs, federal layoffs, consumption concentrating among the wealthy—while AI companies pile massive investments on top. Eventually, she warns, Jenga towers fall down. She's right about the instability. But the … Continue reading When the Tower Can’t Be Rebuilt: What Institutional Economics Misses About the Next Decade
Tag: artificial intelligence
What’s Really Happening with “AI Superintelligence” Claims
You've probably seen headlines about AI companies claiming they're building "superintelligence" or that we need to worry about controlling AI before it gets too smart. Let me explain what's actually going on. The Magic Trick Imagine someone shows you an incredible calculator. This calculator can solve math problems faster than any human alive. It can … Continue reading What’s Really Happening with “AI Superintelligence” Claims
