🧵 “[I]f they co-operate, they keep their jobs. If they defect, they will possibly be fired by their embarrassed peers (who have now been implicitly called liars, cowards, or incompetents) and then replaced with someone that will toe the line anyway.”
By Cory Doctorow (GPG 0xBF3D9110957E5F4C)Neoclassical econ assumes rationality. The corollary of, "If you're so smart, why aren't you rich?" is "you're rich, so you must be very smart!" Thus, people assume that if powerful, well-compensated CEOs insist that "AI is changing everything," well then, *AI must be changing everything*. 1/