"The media is important for many, many reasons, but one of the biggest ones is that scrutiny is what keeps capital in check, for the benefit of humanity and at times the companies themselves."

Ed Zitron has a new epic post out, massive post out at Where's Your Ed at? To be honest, it's probably a bit much unless you've already fallen deep into the AI bubble rabbit hole. New comers may want to start with his Better Offline podcast where he regularly talks with some of the sharpest AI bubble skeptics Cal Newport, Paul Kedrosky, and Carl Brown. He has also has become a fixture on shows like On the Media (an interview from last year. OTM was characteristically early to the story) and CNBC's Squawk Box looking for a counterweight to the stock pumpers. This section in particular caught my attention. From The OpenAI Bubble: The double-edge sword of a mythology-inflated bubble is that it’s much harder to sustain when said mythology dies. The AI bubble was able to grow to such a horrendous size because the markets and the media were willing to accept basically anything that Sam Altman or the greater AI industry said. By waving away any economic problems as growing pains and dismiss…