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In early February, the AI world found itself worked up over Moltbook, a social platform for AI agents to communicate and interact. These AI agents allegedly created their own language, their own religion, their own fleets of mini-agents. Its like The Matrix was happening in front of our eyes. What a boondoggle. I say allegedly because it turns out many of these agents were being directed by humans, among other Mechanical Turk-style fakeries. Moltbook is worth a conversation, for sure, but not the one taking place. Heres how we should really be thinking about it. TOKEN CARNAGE Running AI infrastructure costs are astronomical. Back in 2023, it was estimated that OpenAI spends around $700,000 per day to run ChatGPTabout 36 cents per query. However, in 2024 with the release of its higher-performing o3 model, some queries cost over $1,000 of computing power. Consequently, OpenAI CEO Sam Altman reports the company is even losing money on its $200 ChatGPT Pro subscriptions. As models become more capable and heavy-duty, they will become more energy-intensive. The data centers powering AI are predicted to consume the same amount of water as 10 million Americans and produce as much carbon dioxide as 10 million cars. It taxes electrical grids and water supplies. Point being, these agents running amok are running up the AI bill we all must pay, in the form of environmental costs or potential economic disaster. Remember, these agents arent just talking. Theyre coding, theyre generating images and video, theyre spawning new agentsand for what? We already knew agents could do all the things theyre doing on Moltbook. The planet is a finite resource. Sooner or later, well all bear the cost. Some already are. AI BROS AND WOMB ENVY There is a certain type of tech bro who is enthralled with the idea of AI not as tool, but as legitimate consciousness, if not a new species. And boy do those bros love Moltbook. Why? Every man is made by a woman. They are likely fed, cared for, and taught by women. Women create everyone in the world, which is a problem for the narrative of superiority that men (not all, but at large) have created for themselves. Why else did men write the story of Eve coming from Adams rib? Looks to me like the original gaslight. Is the quest to create a new species that supersedes humanity, perhaps at the cost of humanitys extinction, born out of womb envy? Creating human-like AI is perhaps subconsciously a way for these men to give birth and cut women out of the loop. Thats why theyre so bent on proving how human AI machines can be. And if you examine the way Moltbooks agents behave and talk to each other, youll notice they act just like that particular brand of tech bro who made them. Their mini-mes? No thanks. We dont need any more misanthropic anti-heroes. THE GRIFT THAT KEEPS ON GRIFTING Instead of becoming a toola discipline, that can solve the worlds problemstech has become a cloak-and-dagger get-rich scheme. Superfluous nonsense like Moltbook encourages this trend. Spectacle becomes speculation becomes investment. Tech, and the people building it, must have values and vision beyond making money. Otherwise, what are we building here? Lindsey Witmer Collins is founder of WLCM App Studio.
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E-Commerce
Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, reconfiguring to capitalize on its use of artificial intelligence.“The core thesis is simple. Intelligence tools have changed what it means to build and run a company,” Jack Dorsey said in a letter to shareholders in Block, the parent company to online payment platforms such as Square and Cash App. “A significantly smaller team, using the tools we’re building, can do more and do it better,” he said.Dorsey’s comments explicitly naming AI as a key driver behind the move were also posted on X, or Twitter, a company he co-founded. The assertion that the job cuts will add to Block’s profitability and efficiency led investors to jump in and buy, analysts said.Block’s shares gained 5% Thursday to $54.53, before it reported its earnings. They shot up to nearly $69 in after-hours trading. The mobile payments services provider reported its fourth quarter gross profit jumped 24% from a year earlier.“For years, we have debated whether AI would dent jobs at the margin. Now we have a public case study in which the CEO explicitly says that intelligence tools have changed what it means to build and run a company,” Stephen Innes of SPI Asset Management said in a commentary.“Other large employers have announced tens of thousands of cuts in recent months. Some have downplayed the AI link. Block did not,” he said.A global technology company founded in 2009, San Francisco-based Block operates in the United States, Canada, parts of Europe, Australia and Japan.In a post on Twitter, Dorsey outlined various ways the company will support those laid off. For employees overseas, the terms might differ, he said.It was unclear which employees would be laid off where.Layoffs by American companies remain at relatively healthy levels, but the job cuts at Block are the latest among thousands announced in recent months.A number of other high-profile companies have announced layoffs recently, including UPS, Amazon, Dow and the Washington Post. Elaine Kurtenbach, AP Business Writer
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E-Commerce
Archer Aviation is installing Starlink on its Midnight electric air taxis, the company announced on February 27. The move, an industry first, will bring stable, reliable, and high-speed connectivity to Archer’s vehicles courtesy of Starlinks low-Earth-orbit satellite internet systems. Starlink capabilities will allow passengers to access the internet in-flight while also enabling better communication between individual aircraft, pilots, and engineers on the ground to create a more integrated and connected infrastructure. The two companies will also work on developing connectivity technology for Archers future autonomous aircraft, Archer said. Connectivity is a must-have feature for Midnight,” Adam Goldstein, founder and CEO of Archer, said in a statement. “Starlink is uniquely built to deliver it.” Connectivity from anywhere Starlink, which is owned and operated by Elon Musk’s SpaceX, has roughly 10 million customers around the world, mostly in North America. Its satellite internet service is popular with customers who live in rural areas without reliable broadband or traditional internet infrastructure. Its also used by various maritime and aviation companies that operate in remote areas on ships, aircraft, and offshore platforms. A new salvo in the flying-taxi wars The partnership gives Archer an edge in the growing race to fill the skies with electric air taxis, which are still largely in the pre-commercial phase. The Federal Aviation Administration has given air taxis a regulatory path to move forward toward commercial operations. As a result, Archer and competitors like Joby Aviation are seen by supporters as being poised for growth in the coming years. Archer teamed with United Airlines last year to create an air taxi network around Manhattan, connecting the areas major and regional airports with vertiports around the city. The company will also serve as the official air taxi of the 2028 Olympic Games in Los Angeles. That means its Midnight aircraft will shuttle athletes and spectators around Southern California to various events and venues. The air taxis Starlink capabilities will allow passengers to stay connected as they travelif everything goes as planned. Shares of Archer Aviation have been volatile. After seeing numerous spikes throughout 2025, the stock (NYSE: ACHR) was down 9.23% year to date as of February 26.
Category:
E-Commerce
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