AI Doomerism and Who Is Behind It
Why would we deliberately handicap ourselves while Communist China races ahead—weaponizing artificial intelligence for military power, mass surveillance, cyberwarfare and global domination? If these executives truly believe their technology poses an existential danger, they should stop selling advanced chips, systems and expertise to China—not demand a Washington regulatory fortress that protects their market share, crushes smaller competitors and leaves Beijing free to surge ahead. The answer is not an American retreat; it is American victory: accelerate innovation, secure our technology, impose strict safeguards against the dangers they warn about and deny our enemies the tools to surpass us. China will not pause. America must not unilaterally disarm in the most consequential technological race of the century.
America cannot surrender the future because a handful of AI executives have discovered that apocalypse is good for business.
Recent AI Doomerism Pushed by Unusual Actors: AI Companies Looking for Government to Bail Them Out of Financial Hole
One of the week’s dominant stories has been the sudden panic over the existential threat AI poses to humanity. The claims are not new, but the furor most certainly was. Many observers see a corporate-backed psyop aimed at creating a government-backed cartel of the top two to three companies. David Strom: Anthropic and OpenAI both want (read: NEED) to go public to access ordinary investors’ cash and keep the VCs happy, so they need to present a business model that works. And that business model, it seems, is to become regulated utilities with government-backed monopoly power. And, likely, massive government bailouts based on national security arguments to pay for the data center buildout that is likely to bankrupt these companies without more cash than they can generate. What better argument than “unless we become regulated industries, the world will end?” It’s very similar to “if you don’t subsidize my windmills and solar panels, the oceans will boil,” or “unless you fund this untried technology, COVID will kill us all.” If competition and price pressures are the problem, regulatory capture and “fencing” out competitors is an obvious solution. Regulated industries get guaranteed profits, guaranteed customers, and guaranteed monopolies. And the best way to rush the process is to present an apocalyptic scenario that demands a quick solution. None of these companies is suggesting that AI be shut down; they are asking for a massive regulatory infrastructure that works with them, reduces their costs, possibly subsidizes their investments, and destroys competitors as insufficiently careful and secure. More at the link. (Hot Air.)
Source: https://gellerreport.com/2026/09/ai-doomerism-and-who-is-behind-it.html/
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