Public backlash against artificial intelligence is intensifying, with former Google CEO Eric Schmidt booed at a University of Arizona commencement address last month and most US voters opposing new datacenters, believing AI negatively impacts jobs, creativity, and human relationships. Cory Doctorow’s book, "The Reverse Centaur’s Guide to Life After AI," argues AI's negative public image stems not from the technology itself, but from a "rapacious elite" business model prioritizing investor excitement and stock value.
Doctorow introduces the "reverse centaur" concept, where AI diminishes human freedom and skills, contrasting with the ideal of AI assisting humans. He contends the AI sector's colossal valuation, including OpenAI's $852bn, is based on replacing human workers to add nearly a trillion dollars annually to the S&P 500, creating a speculative bubble. Studies show 90% of people are less likely to use AI-advertised products, and 95% of generative AI pilots are failing. This bubble's potential burst could trigger an economic shock comparable to 2008 or 2020, with Doctorow emphasizing criticism should target AI's investment capital and revenue model.
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