Conservatives may deride the "reality-based community" as a drag on progress and commercial expansion, but even the most noxious pump-and-dump capitalism is supposed to remain tethered to reality by two unbreakable fetters: auditing and insurance:

https://en.wikipedia.org/wiki/Reality-based_community

No matter how much you value profit over ethics or human thriving, you still need honest books – even if you never show those books to the taxman or the marks. Even an outright scammer needs to know what's coming in and what's going out so they don't get caught in a liquidity trap (that is, "broke&quot , or overleveraged ("broke," again) exposed to market changes (you guessed it: "broke&quot .

Unfortunately for capitalism, auditing is on its deathbed. The market is sewn up by the wildly corrupt and conflicted Big Four accounting firms that are the very definition of too big to fail/too big to jail. They keep cooking books on behalf of management to the detriment of investors. These double-entry fabrications conceal rot in giant, structurally important firms until they implode spectacularly and suddenly, leaving workers, suppliers, customers and investors in a state of utter higgeldy-piggeldy:

https://pluralistic.net/2022/11/29/great-andersens-ghost/#mene-mene-bezzle

In helping corporations defraud institutional investors, auditors are facilitating mass scale millionaire-on-billionaire violence, and while that may seem like the kind of fight where you're happy to see either party lose, there are inevitably a lot of noncombatants in the blast radius. Since the Enron collapse, the entire accounting sector has turned to quicksand, which is a big deal, given that it's what industrial capitalism's foundations are anchored to. There's a reason my last novel was a thriller about forensic accounting and Big Tech:

Google Drive may have lost months of user data, according to reports.

Several users flocked to the Google Support forum complaining about disappearing files, according to Android Police. Google is investigating the issue, but doesn't know the root cause yet — and hasn't resolved it as of this writing.
The issue was first pointed out by a user named Yeonjoong, who noticed files going back to May 2023 were gone. Yeonjoong's Google Drive seemed to have reverted to its status from last May even though they hadn't made any changes. "No files was [sic] deleted manually, so no files in Trash. I never sync or shared my files and drive to anyone, I used the drive locally," said the post. Despite working with the Google support team, Yeonjoong still hasn't been able to recover the files.

Last week's spectacular OpenAI soap-opera hijacked the attention of millions of normal, productive people and nonsensually crammed them full of the fine details of the debate between "Effective Altruism" (doomers) and "Effective Accelerationism" (AKA e/acc), a genuinely absurd debate that was allegedly at the center of the drama.

Very broadly speaking: the Effective Altruists are doomers, who believe that Large Language Models (AKA "spicy autocomplete&quot will someday become so advanced that it could wake up and annihilate or enslave the human race. To prevent this, we need to employ "AI Safety" – measures that will turn superintelligence into a servant or a partner, nor an adversary.

Contrast this with the Effective Accelerationists, who also believe that LLMs will someday become superintelligences with the potential to annihilate or enslave humanity – but they nevertheless advocate for faster AI development, with fewer "safety" measures, in order to produce an "upward spiral" in the "techno-capital machine."

Once-and-future OpenAI CEO Altman is said to be an accelerationists who was forced out of the company by the Altruists, who were subsequently bested, ousted, and replaced by Larry fucking Summers. This, we're told, is the ideological battle over AI: should cautiously progress our LLMs into superintelligences with safety in mind, or go full speed ahead and trust to market forces to tame and harness the superintelligences to come?

This "AI debate" is pretty stupid, proceeding as it does from the foregone conclusion that adding compute power and data to the next-word-predictor program will eventually create a conscious being, which will then inevitably become a superbeing. This is a proposition akin to the idea that if we keep breeding faster and faster horses, we'll get a locomotive:

https://locusmag.com/2020/07/cory-doctorow-full-employment/