Howls of Derisive Laughter, Goose

Looking over a shareholder presentation explaining an AI valuation using the parable of the golden goose (via Mefi), I kept it together even through its “Solve labor shortages” slide, which only makes sense if you assume an anti-immigration, anti-paying-decent-wages mindset… and then totally lost it at “Golden Egg factory inside the goose”. AI is a mass psychotic delusion. Generative AI is having its Herbalife moment. Are AI chatbots making us lose control of our brains? Is AI ruining our skills? Fresh evidence of the generative AI learning penalty this week: Using 30 months of panel data on 26,811 Chinese students in grades 7-12, we [found that] AI adoption raises homework scores by 18% and reduces completion time by 30%, but lowers monthly exam scores by 20% within six months. High-stakes entrance-exam scores fall by 18 and 24%, with the full penalty emerging only after about two years. The losses are largest in social science subjects, followed by STEM and languages, and are…