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What's Behind the AI Panic

What's Behind the AI Panic

https://www.facebook.com/mark.jeftovic· ·8 min read · 0 reactions · 0 comments · 5 views
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The “Effective Altruists” want you scared, stupid and subservient. Today’s post is a sneak preview of the “Future Shock” section of the forthcoming Sovereign Capitalist Letter (get our latest report and a sample issue here). Just heading into mid-September, a purported moral panic broke out amongst the frontier AI leaders that their own products were “too dangerous” and so the only remedy would be for the government to regulate all AI models.

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Mark E. Jeftovic is The Bombthrower · https://www.facebook.com/mark.jeftovic
Read full at Mark E. Jeftovic is The Bombthrower →

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Original publisherMark E. Jeftovic is The Bombthrower
Canonical URLhttps://bombthrower.com/whats-really-behind-the-ai-panic/
Publication timeTue, 29 Sep 2026 06:28:30 +0000
Retrieval time2026-09-29T06:29:55.043Z
Last seen2026-09-29T06:30:03.070Z
Headline sourcePublisher (no WeSearch rewrite)
Excerpt sourcepublisher body
Excerpt methodFirst ~120 words (~800 chars) of extracted publisher body, fair-use limited.
SummaryWeSearch · cerebras-chat (WeSearch summarizer)
Summary source textcontentText
Citation coverageSummary is a WeSearch-generated derivative; primary citation is the original publisher URL.
ClusterFHPz3Va6QcJo · 1 stories
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Substitutes article?No — link-out required for full text

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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

The “Effective Altruists” want you scared, stupid and subservient. Today’s post is a sneak preview of the “Future Shock” section of the forthcoming Sovereign Capitalist Letter (get our latest report and a sample issue here). Just heading into mid-September, a purported moral panic broke out amongst the frontier AI leaders that their own products were “too dangerous” and so the only remedy would be for the government to regulate all AI models. Weeks earlier, Bernie Sanders had introduced The Ban AI-Superintelligence Act, that would make it illegal to create an AI model that was more intelligent than humans, going so far as to prescribe a 20-year prison term for any person who did and the “corporate death penalty” for companies.

…

Excerpt limited to ~120 words for fair-use compliance. The full article is at Mark E. Jeftovic is The Bombthrower.

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