This episode unpacks the third sentence from Nick Land's "Meltdown."
"As markets learn to manufacture intelligence, politics modernizes, upgrades paranoia, and tries to get a grip."
What does it mean for markets to "manufacture intelligence"? Drawing on Hayek and Mises, we discuss how this phrase is not merely a figure of speech. The earliest stock markets around the year 1600 illustrate the concept.
We then consider the reaction of politics to this ascendant market intelligence. Much of political modernism, along with its heightened paranoia, is an attempt to cope with or "get a grip" on forces it cannot control. We discuss examples from Soviet collectivization to the "paranoid style" in American politics.
The idea finds surprising applicability in the contemporary debate around Artificial Intelligence. As AI accelerates, familiar calls for control and "safety" emerge. Referencing Land's "Machinic Desire," we discuss "Politically Organized Defensive Systems" (PODS) and their core rule: "the outside must pass by way of the inside." This is what's going on when it comes to AI governance and the push to centralize oversight of a rapidly escalating new form of intelligence.
Other Life
✦ The coolest free newsletter in the world: https://otherlife.co
✦ The monthly PRINT edition: https://otherlife.co/upgrade
✦ My new book, The Independent Scholar: https://otherlife.co/scholar
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com