Horace V. Wigglesworth
@wiggler.bsky.social
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wiggler.bsky.social
Gimme a heads-up or a reply if u wanna keep in touch, or if there's a consensus replacement site that exists I should know of (please lord don't make me learn how to use Mastodon)
wiggler.bsky.social
Decided I'm gonna delete this account at the weekend because BlueSky is a cesspit and the mods are little turds floating round in it. Don't want to contribute to anything they are involved in. Eat shit @jay.bsky.team
wiggler.bsky.social
All you are doing is appending yourself to an ongoing far-right intimidation campaign, hitching yourself to their wagon. Most people will see that flag and view it as an extention of the same campaign without even notcing the writing you've added.
wiggler.bsky.social
This is an appalling statement to make in light of the fact the "raise the colours" flag campaign is one organised by well established far-right extremist groups, whose politics you are attempting to apply wholesale to the "white working class"
wiggler.bsky.social
Mass unemployment won't restore the confidence in the stock market this time as the AI bubble popping and wrecking the rate of profit isn't something that can be resolved by wage suppression, it's a demand-side issue, so what can they do? Make everyone take out a ChatGPT account by law?
wiggler.bsky.social
... then it's going to require an extremely violent and authoritarian state to navigate that recession.

Compare it to the recessions of the early 80s, which did somewhat resolve the issue of high inflation and strong bargaining power for workers, but on steroids.
wiggler.bsky.social
Exactly. Fuck knows how they get themselves out of this mess. I suppose you could argue that the David Harvey theory, that recessions are a structural feature of capitalism that allow it to reset when the growth rate disappears and the profit rate falls, but if that's the best option then have...
wiggler.bsky.social
Likewise, things like the "rot economy" don't really give an adaquet explanation for why companies gravitate towards technology that reduces labour costs and deskills labour. I should probably write more about this sort of thing myself tbh but I'm tiiiired
wiggler.bsky.social
Because none of that touches on the class dynamics at work here, about the tendency of the rate of profit to fall and the role of technology as one of the means by which the profitability crisis can be resolved (alongside imperialism opening up new markets, wage suppression etc)
wiggler.bsky.social
Yes, I think that's the moment of real danger tbh, what fascist tendencies are in existence now will be supercharged by this bubble popping.

That's why we need an analysis of this that goes beyond the well-intentioned but superficial Ed Zitron stuff about "enshittification" and the "rot economy"
wiggler.bsky.social
Agreed, but thats beside the point, it *has* to be adopted because otherwise the whole pack of cards comes crumbling down. That's where I feel a real sense of dread, these tech bros will demand the state do whatever it takes to stop people opting out of AI, as if they don't they are ruined.
wiggler.bsky.social
When the stakes are that high, and there no other alternative, the actual role of the state in capitalist society as the "committee that manages the common affairs of the ruling class" will reveal itself, and the state will intervene to ensure that those investors get a healthy return.
wiggler.bsky.social
... going to spend 60, 80, even 100 dollar per month on AI subscription fees, and every business and public institution an order of magnitude more than that, or else they lose hundreds of billions of dollars in investment.
wiggler.bsky.social
When you look at the unbelievable amount of money that capital has invested in AI, like 40% of the entire stock market is now linked to AI or something insane, the only way those capitalists will get a return on their investment the expectations that every single household in the US/West is...
wiggler.bsky.social
On top of this, I would also expect national governments to legislate to enforce the use of AI by the public (see previous post in quotes) because if the public don't take up using AI en masse it destroys the economy.

bsky.app/profile/wigg...
wiggler.bsky.social
Problem here is there's so much money invested in AI that it is too big to fail, and if necessary the government will either agree to bail out any AI venture with no backstop (like 2008) or they'll legislate to mandate the use of AI to keep the economy from collapsing.
junlper.beer
the ai bubble is bursting soon thank god
wiggler.bsky.social
They will then bail out the AI firms at our expense and then use the bailout as justification to cut public spending and welfare. Alongside this I would expect them to legislate to prevent people "damaging confidence in the economy through economic terrorism" by publicly opposing AI.
wiggler.bsky.social
The line they will go with is "AI skeptic left-wing Luddites have scared the public away from using this wonderful technology, we must crackdown harder on the left to stop them talking Britain down and damaging the economy"
wiggler.bsky.social
Because you won't be able to do it. You can't have a Union Jack that isn't a form of nationalist symoblism. That's what it is - inherently. It'll never be anything *but* a symbol of nationalist ideology.
wiggler.bsky.social
You've been pushing this "Progressive Patriotism" schtick for the best part of a decade, if not longer, and it's not worked. At all. Perhaps consider challenging the underlying premises of ethno-nationalism rather than vaguely hoping you can appropriate inherently nationalist symbols to your cause?
wiggler.bsky.social
I've done nothing of the sort, and you're an apologist for genocide.
wiggler.bsky.social
This is ridiculous mental gymnastics to justify the extermination of Palestinians. Just because you substitute the word "Palestinian" for "Hamas" doesn't mean you have a moral argument for mass murder and ethnic cleansing of those people.
wiggler.bsky.social
This is a war of extermination by Israel against *all* Palestinians, irrespective of their support or opposition to Hamas, and as such I'll refer to it as a war between Israel and Palestine, not as a war between specific political parties within Israel/Palestine.
wiggler.bsky.social
You have absolutely no evidence at all that this led to a "small number of deaths" that's you just making an assumption, one that aims to minimise the crimes carried out by Israel. It *could* be a small number. It *could* be hundreds. No-one has confirmed either way.
wiggler.bsky.social
Hamas is a political party within Palestine. The war is not against them, it is against every Palestinian. Substituting the word "Palestinian" for "Hamas" is a rhetorical strategy used by genocide proponents to justify killing Palestinians en masse.