Generative AI is securitized IP.
It’s identical to those Mortgage-Backed Securities that blew up in 2008. Suck up a million real houses and farms, mix the debt together into batter, bake it, slice the cake into a million pieces, each containing a hologram of the originals without any way of identifying the original property. Sell each of the pieces for vastly more than it would be worth.
The AI version is better from demonview. Banks who made the original mortgages had to pay real money to the sellers to establish the mortgage, so their profit was only partial. OpenAI doesn’t pay anything for its mortgages, and doesn’t even pretend to have a contract with the victims of theft, so its profit is total and complete.
Dogs hate vacuum cleaners because vacuums securitize all the meaningful smells from proper locations, mix the smells, and blow out an anonymized hologramized mess. We should hate AI for the same reason.
Polistra's Mill 