Before AI companies buy up all remaining physical copies of older, rare, out-of-print, obscure, or nearly forgotten books, we can buy our own copies.
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Significantly, no administrators who were contacted recommended reducing schools’ budget woes by reducing the number of administrators.
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AI companies are using physical books to train them for their large language models since these texts aren’t already ridden with AI-generated writing.
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Reading for entertainment alone will become increasingly rare. I expect we will return to a culture where people who read are mainly looking for new ideas.
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The LLMs’ hallucinations could end up getting them severely restricted in Europe, depending on the outcome of a recent legal challenge for defamation.
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The inventions that changed our lives for the better were usually accompanied by speculation bubbles and busts. LLM firms will likely attract the same fate.
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Many commentators seem to have forgotten Goodhart’s Law: When a measure becomes a target, it ceases to be a good measure.
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OpenAI needs to show that ChatGPT is more than just the first publicly available LLM. It has not done that and maybe never will.
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Recently, talk of a bubble has increased as it has become clear that OpenAI, and likely other AI software companies, may never become profitable.
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In Homann’s view, AI is best seen as “autocomplete with ambition.” But that doesn’t mean it can’t be quite useful.
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When considering a mortgage, the correct comparison is not total payments but the return on the borrowed money versus the loan’s annual percentage rate.
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Mayne noted that many college students today are more entrepreneurial-minded than in the past. They’re turning their anxiety about the future into productivity.
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AI software startups should be required to release audited numbers so that we can at least understand the current state of the AI economy.
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A real-world example of such struggles is the poor performance, in general, of AI-powered mutual funds.
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Relativity Space likes to call itself a “customer-centric rocket company.” When we hear a tag line like that, we know times have changed.
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The authors really believe in AI doom. Soares has stopped contributing to a retirement plan. I show that the serious problem is NOT superintelligence.
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Just as the AI industry is becoming more analytical and realistic about how best to use AI, some users are falling in love with chatbots. We need to know more.
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The conventional belief that a sound investment portfolio should be 60% stocks and 40% bonds does not stand up to careful scrutiny.
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Circular financing is the last gasp for OpenAI and the cloud services. They need it to maintain the mirage of an economic boom despite big losses and small revenues for AI software.
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Two other panelists are Chapman University’s Mark Skousen and John Tamny, author of The Deficit Delusion (2025). George Gilder will moderate.
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