Stub of Blake's Clarion on AI

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Andrew Ross Sorkin's take today on Larry Fink's Letter to Blackrock customers makes the point that GenAI as it is being posed means economic disparity. That as the elevator Muzak of 'future abundance for all' dims.


https://www.nytimes.com/2026/03/23/business/dealbook/trump-iran-energy-attacks.html


It's interesting to see the Mighty Fink echo tech vet Tim O'Reilly's screed describing the AI economy that makes producers richer only by slash, burn and strap of consumers' wallets and hopes.


https://www.oreilly.com/radar/ai-and-the-next-economy/


Bard:

When Tim O'Reilly talks about AI leaders "stripping out the alignment mechanisms that three centuries of conflict produced," he is describing the exact outcome Coates warns against:

  • Erosion of Public Governance: Over three centuries, society built mechanisms—public reporting, shareholder voting, antitrust enforcement, regulatory transparency, labor standards—to constrain giant concentrations of private wealth.

  • The AI Convergence: Frontier AI companies today mimic both halves of the "Problem of 12." They rely on private equity models (keeping control in closed, opaque hands with zero public disclosure) while simultaneously leveraging concentrated institutional capital to restructure their corporate boards, dismantle internal ethics oversight, and lobby against external regulation.

In short, O'Reilly's warning is that AI is not being built in a vacuum; it is being deployed inside an economy already suffering from the "Problem of 12," where a tiny, unaccountable cadre makes choices for the entire population without democratic or institutional checks.

This is a stub 

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