You will own nothing

What is the AI data center mania really about?

Data centers are springing up everywhere, pushed by Silicon Valley hyper-scalers and state and federal governments, even as more and more Americans protest their implementation.

None of the huge expenditure makes sense. Right now hyper-scalers are spending trillions hoping future demand catches up to present their capital expenditures, but it sure seems like an AI bubble. If that is true and AI does not deliver on its promise, what else could the massive build-up of data centers be used for?

Our feral elite claim that AI will be the next technological revolution that will cure cancer, solve global warming and reduce inflation, all while turbo-charging the economy. All of that is theoretically true, I suppose. Artificial intelligence, automation, and advanced logistics could radically reduce human suffering under rational democratic planning. But anyone who has read this blog or has a passing acquaintance with reality knows that the powers that be always promise a utopia based on a new technology, and that ultimately they will always do what’s good for them, full-stop. And now AI is being deployed primarily for surveillance, financial speculation, profit extraction and labor discipline and elimination. Go long dystopia.

Going further, I’m starting to believe that the AI data center build out is actually for the tokenization of the economy: the process by which legal ownership rights to assets, commodities, and currencies are converted into blockchain-based digital tokens.

In an article titled “An Assessment of the Accelerating Timeline for ‘You Will Own Nothing”, Patrick Wood argues that AI acceleration, the technocratic capture of the legislature, the explosion of data centers, the Pax Silica, the federal support, and the Bank of International Settlements (BIS) imposition on banking and financial institutions will force others to do the same, and have created the conditions for the continuous acceleration of the tokenization process.

Tokenization enables the financialization of almost anything that exists, turning physical assets into, speculative instruments. Everything will be financialized. You may tokenize a property title or a future crop, but also part of an artwork or a fraction of a worker’s shift. It enables the speculative economy, which is based on financial instruments and not on trade or production, to continue expanding. This is one reason why financial institutions are backing this transformation. This is the reason why technology companies are backing this transformation. They will essentially have become an indispensable part of the financial system.

Wow! Putting the banksters in control of our lives. What could go wrong?

Everything. Which is why the build-out of data centers is also about building a system of surveillance that the Stasi only dreamed about. Current modes of surveillance—digital, monetary, communicative, or locational—are compartmentalized. A private technology company might know your online behavior, another your banking history, and another might track your movements. However, if you pull all this information together and deploy AI, something Palantir, among other companies, does, then the possibilities grow exponentially. When you pair that with real-time monitored financial behavior, then the full possibilities of CBDC’s or programmable money become apparent.

So, anyway, that’s an interesting conspiracy theory that deserves more attention.

Update: The Tucker Carlson show exposes a “terrifying reality“. Prominent economist Richard Werner confirms the global elite are building massive AI data centers for one sinister reason. They are creating a central bank digital currency to permanently micromanage and control humanity.

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