{"id":76263,"date":"2026-10-17T09:00:00","date_gmt":"2026-10-17T08:00:00","guid":{"rendered":"https:\/\/eco123.info\/?p=76263"},"modified":"2026-10-16T22:21:06","modified_gmt":"2026-10-16T21:21:06","slug":"live-and-let-live","status":"publish","type":"post","link":"https:\/\/eco123.info\/en\/short-stories-en\/live-and-let-live\/","title":{"rendered":"Live and let live."},"content":{"rendered":"<h6 align=\"justify\"><span lang=\"pt-PT\">17\/10\/2026 \u2013 23\/10\/2026\u00a0 by Uwe Heitkamp<\/span><\/h6>\n<h3 align=\"justify\">Edition 41.2026<\/h3>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>Will AI destroy humanity?<\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"> Do you believe that? Why would it be capable of that? I\u2019m sitting in a sort of taxi and being driven around. We\u2019re on the motorway, travelling from Portim\u00e3o to Faro. The driver asks me what I do for a living. The answer is writing. <\/span><\/span><span style=\"color: #000080;\"><u><a href=\"https:\/\/www.eco123.info\/\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">www.eco123.info<\/span><\/span><\/a><\/u><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">. Every Saturday, a new issue of ECO123 is published in three languages \u2013 Portuguese, English and German \u2013 the three languages spoken by the inhabitants of southern Portugal. I\u2019m a journalist and I write the weekly short stories for our online magazine \u2013 it brings people together and is also read in the rest of Europe. The driver wants to know exactly what I write. <\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>Why not read it for yourself when you take a break? <\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">Because he writes too, he tells me.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">Suddenly, he connects with his AI agent, who reads aloud the short stories from ECO123, starting with issue 39, as well as issues 38, 37 and 36. \u201cShall I read out more?\u201d asks the AI agent. \u201cThanks, that\u2019s enough,\u201d says my driver. The robot logs off.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">I ask the driver how much this service costs him. He does a quick mental calculation and then replies, \u201c200 euros a year\u201d\u2026 That\u2019s how we both end up on the subject of \u2018artificial intelligence\u2019. For him, AI is part of everyday life. He uses it on his car journeys whenever he wants to know something. He lets the AI do the research, and the invisible robot then speaks to him through the speakers whilst he\u2019s driving, as if he were having a hands-free conversation with his wife on the phone\u2026<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">This is the first time I\u2019ve been able to experience AI in a practical way \u2013 a direct encounter with the technology. AI speaks all the languages that I speak, and what\u2019s more, the robot probably understands a few more languages as well\u2026 At one point, it switches flawlessly from Portuguese to German. I then ask it what it understands by \u2018climate-neutral behaviour\u2019? Could it tell me how, in practical terms, one might achieve a carbon footprint where no more CO\u2082 emissions are released into the atmosphere? How can electricity be generated in a climate-neutral way, without gas, without coal, without nuclear power? And how, pray tell, do I live without leaving any waste behind? And how could artificial intelligence exist without massive data centres?<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">When I got home that evening, I read an interview in my weekly newspaper. I don\u2019t want to keep it from you. That\u2019s why I asked DIE ZEIT in Hamburg for permission to republish it. Today, you too can read a shorter version here&#8230;<\/span><\/span><\/p>\n<p align=\"justify\">\u00a0<\/p>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div style=\"background-color: #ffefd5; padding: 20px;\">\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">The headline sets the tone. The interview is long \u2013 it\u2019s just under 24,000 words \u2013 and ECO 123 has decided not to publish it in its entirety, but to cut it drastically and write its own piece on AI. What would happen if we at ECO 123 were to copy the article from the German weekly magazine DIE ZEIT? We\u2019d be putting ourselves on a par with artificial intelligence. AI likes to copy; it very often uses copy\/paste and pays no heed to copyright. Surely, we\u2019re well past that sort of training by now. That\u2019s another reason why this question arises&#8230;<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span style=\"font-size: large;\"><span lang=\"en-GB\"><i><b>Should Sam Altman be invited to the FBI headquarters for an interview?<\/b><\/i><\/span><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span style=\"font-size: xx-small;\"><span lang=\"en-GB\"><i><b>A brief history by Uwe Heitkamp<\/b><\/i><\/span><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>The US is notorious for selling bags of hot air and then using these pipe dreams to pull off dodgy deals. Those whose foresight enabled them to see beyond the soup dish on the menu, back in 2008, can now report on the collapse of the Lehman Brothers investment bank, and they know exactly where this will lead us to. Let us recall. The financial crisis began with that bank\u2019s collapse. To give a specific date: 15 September 2008 was the day the bank filed for bankruptcy and the whole financial house of cards came crashing down. The system was built on debt. And this is precisely where this story begins. It tells us of hype and false promises. And it is set once again in the US, not even 20 years later.<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>DIE ZEIT writes: \u201cEver since AI agents from OpenAI hacked the Hugging Face platform during a faulty security test in the summer, the discourse surrounding the technology has revolved almost exclusively around its destructive potential \u2013 around doomsday scenarios. As a result of the incident, OpenAI postponed its planned IPO \u2013 citing security concerns, as the company stated\u2026.<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>Is this true? And now a white knight appears on the scene. His name is Ed Zitron. He is one of the AI industry\u2019s fiercest critics. Yet, rather than the end of the world, it is the economic viability of this trillion-dollar industry that worries him most. He sees the hype surrounding generative AI as a massive bubble and describes the companies\u2019 promises as unrealistic.<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>On 9 October 2026, a few days after Die Zeit\u2019s interview with the British journalist Ed Zitron in the US, OpenAI announced that the company is expected to generate $20 billion less in revenue this year than previously forecast. $20 billion \u2013 is that anything less than a warning of a fall in profits?<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-76249\" src=\"https:\/\/eco123.info\/wp-content\/uploads\/better-offline.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/eco123.info\/wp-content\/uploads\/better-offline.jpg 300w, https:\/\/eco123.info\/wp-content\/uploads\/better-offline-150x150.jpg 150w, https:\/\/eco123.info\/wp-content\/uploads\/better-offline-24x24.jpg 24w, https:\/\/eco123.info\/wp-content\/uploads\/better-offline-36x36.jpg 36w, https:\/\/eco123.info\/wp-content\/uploads\/better-offline-47x47.jpg 47w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Edward Benjamin Zitron is a journalist and the author of numerous articles, all centring on the internet and AI. He is the editor of a newsletter called \u2018<\/i><\/span><\/span><span style=\"color: #000080;\"><u><a href=\"https:\/\/www.wheresyoured.at\/\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>https:\/\/www.wheresyoured.at<\/i><\/span><\/span><\/a><\/u><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>\u2019 and works on the podcast \u2018Better Offline\u2019. For the past decade, his journalistic work has been intertwined with public relations. Anyone wishing to read his work is asked to pay seven dollars a month.<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><b>Question: <\/b><\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>Mr Zitron, when did you first feel the need to engage more deeply with the topic of AI?<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><b>Ed Zitron:<\/b><\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i> I started looking into it towards the end of 2023, when Sam Altman was sacked from OpenAI. It struck me at the time that those involved were, quite frankly, talking complete nonsense about AI. The technology was being sold as the next industrial revolution, and yet not a single one of the corporations involved disclosed how much money was actually being made from it \u2013 not even the hyperscalers like Amazon and Google, the operators of the largest data centres, who had spent tens of billions of dollars on AI chips from Nvidia. The only figures ever published were the capital expenditure on AI data centres and the general amount they intended to spend in the future.<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><b>Question: <\/b><\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>Did the information on the revenue side seem a bit thin to you?<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><b>Zitron:<\/b><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"> Yes. In mid-2024, the tech news portal <\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i>The Information<\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"> reported that OpenAI was set to make a loss of five billion dollars that year. I then wrote an article entitled \u2018How does OpenAI survive?\u2019. Essentially, it argued that the company would not be able to operate profitably. I was clearly wrong in my assumption that OpenAI would therefore go bust within a few quarters. But I still remember going up to a journalist shortly before publication and asking him: \u2018Doesn\u2019t what I\u2019m writing here worry you?\u2019 And he simply said: \u2018Well, Uber has lost a lot of money too\u201d \u2013 as if that example were a guarantee that OpenAI would eventually have to become profitable as well.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><b>Question:<\/b><\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i> The AI company Anthropic, which developed \u201cClaude\u201d, has reported an operating loss of eight billion dollars for 2025.<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><b>Zitron:<\/b><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"> Pretty grim, isn\u2019t it? But most people will react to these figures by saying: 2026 will be better. In this industry, it\u2019s never about today; it\u2019s always about the question: what if things get better in the future? It was recently reported that Anthropic had been profitable in recent quarters. But that isn\u2019t true. On an adjusted basis, they are profitable. But \u2018adjusted\u2019 means that certain costs are excluded from the balance sheet. I&#8217;d also have thousands of dollars more in my bank account every month if I didn&#8217;t count my mortgage. Unfortunately, I have to make the payments, or I&#8217;ll lose my house.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span style=\"font-size: large;\"><span lang=\"en-GB\"><i><b>The domino effect in Silicon Valley<\/b><\/i><\/span><\/span><\/span><\/p>\n<figure id=\"attachment_76252\" aria-describedby=\"caption-attachment-76252\" style=\"width: 310px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-76252 size-tie-medium\" src=\"https:\/\/eco123.info\/wp-content\/uploads\/\/sam-altman-310x165.webp\" alt=\"\" width=\"310\" height=\"165\" \/><figcaption id=\"caption-attachment-76252\" class=\"wp-caption-text\">Sam Altman<\/figcaption><\/figure>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">ECO 123 sees striking parallels between OpenAI and the operations of Lehman Brothers. It was an investment bank founded in 1850, which later established its headquarters in New York. On 30 November 2007, at the height of its operations, the bank had 28,557 employees. A large number of bad property loans broke the bank\u2019s back. The use of these bad loans as collateral for securing fresh funds dragged other banks down with it shortly afterwards.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><b>Question:<\/b><\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i> For several years now, there have been repeated claims that generative AI will revolutionise the way we live and work. You have become well-known for openly and vehemently opposing this vision. What is your problem with generative AI?<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><b>Zitron:<\/b><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"> The technology is being sold on the basis of promises about what it might one day be capable of \u2013 on its potential. At the same time, what it can actually do is being obscured, because it is far less than what is promised. Generative AI is software that is guaranteed to make mistakes: hallucinations are a mathematical certainty. Furthermore, we are talking here about what is probably the most resource-intensive technology of all time. Its upkeep is not going to get any cheaper over time either. So, unfortunately, this is not a useful technology with fundamental economic problems, but one that is far less useful than is generally claimed, and which, on top of that, has massive fundamental economic problems.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><b>Follow-up question:<\/b><\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i> If the technology is so unhelpful, why do so many people use AI in their everyday lives?<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><b>Zitron:<\/b><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"> Language models are better at deducing what the searcher means when they carry out a search. But that doesn\u2019t mean that language models are necessarily better search engines. I recently tried out one of the more expensive models, GPT-6 Pro, via a friend\u2019s account. Just once, it found something I hadn\u2019t discovered in my own search: a few contract documents. So we\u2019re now in the third year of the great AI revolution, and I\u2019ve had just one experience where I thought: cool. But my point is this: if the companies would simply market it as a better search engine \u2013 even if it\u2019s a much more expensive form of search that doesn\u2019t necessarily deliver better results \u2013 or, for all I care, as a useful aid for programming, then that would be a completely different situation. But that\u2019s not what the companies are doing. They claim that their work will give rise to a digital god, and that general artificial intelligence will change everything. It is the companies themselves who are making these grandiose promises.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><b>Question:<\/b><\/i><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i> Why are they promising us God? Why don\u2019t they simply say, \u2018We\u2019ve developed a brilliant programming tool\u2019?<\/i><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><b>Zitron:<\/b><\/span><\/span><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"> Because they need valuations in the trillions. Look: data centres worth hundreds of billions of dollars are currently being built for these companies. Anthropic has non-cancellable commitments for computing infrastructure totalling 416 billion dollars. Simply being good at programming, or being a cute little company with a valuation of a few hundred billion dollars \u2013 that\u2019s not enough to cover such expenditure. The corporations market themselves in this way so that it fits with the valuations they need and the returns investors expect.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><b>And then Ed Zitron asks himself the crucial question:<\/b><\/i><\/span><\/span><i> <\/i><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">If your model is so dangerous, why are you building it? Why are you releasing any version of it at all? Claude Mythos was supposedly too dangerous to release \u2013 but then Anthropic went and sold it to companies anyway. Why? Is the argument that handing it over to companies is less dangerous than handing it over to people? If that\u2019s the case, why on earth is OpenAI, a company, unleashing AI agents to hack people and corporations?<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">The truth is that these companies don\u2019t care about security. And if the argument is: \u2018We have to do it, because otherwise the Chinese will\u2019, then they\u2019re justifying their destructive work with xenophobia. There\u2019s no truly valid argument for building this stuff, except the industry must grow forever.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">As for the failure of OpenAI\u2019s latest model, Astra 6.1, to materialise, I think it\u2019s more likely that it simply wasn\u2019t good enough to convince investors. The company is currently trying to raise a further 30 billion dollars in venture capital. If the company actually had security concerns, it would report itself to the police for serious cybercrime. They\u2019ve hacked another company. That\u2019s a criminal offence. (\u2026)<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\"><i><b>ECO123:<\/b><\/i><\/span><\/span><i> <\/i><span style=\"font-family: Verdana, serif;\"><span lang=\"en-GB\">Speaking of \u2018bags of hot air\u2019. Hot air is generated when building AI data centres. The processors cost billions of dollars. The electricity comes from the mains and is generated using oil or gas. Where does the venture capital come from, and what real value does it represent? Ed Zitron believes that by 2027 or 2028, the bubble will burst. By then, 20 years will have passed since the collapse of Lehman Brothers. Enough time to create a new hype \u2013 and to have learned nothing from past mistakes. History repeats itself.<\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"font-family: Verdana, serif;\"><span style=\"font-size: xx-small;\"><span lang=\"en-GB\"><i>ECO123 would like to thank the journalists Johannes Laubmeier and Alard von Kittlitz from DIE ZEIT for allowing us to use some quotes from their interview with Ed Zitron. ECO 123 would like to thank DIE ZEIT for kindly allowing us to use quotes from the interview.<\/i><\/span><\/span><\/span><\/p>\n<\/div>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<p>&nbsp;<\/p>\n<figure id=\"attachment_74558\" class=\"wp-caption aligncenter\" aria-describedby=\"caption-attachment-74558\">\n<figcaption id=\"caption-attachment-74558\" class=\"wp-caption-text\"><\/figcaption>\n<\/figure>\n<div class=\"content post-cover\">\n<article id=\"the-post\" class=\"post-listing post-72707 post type-post status-publish format-standard has-post-thumbnail category-ecology category-zw1-en tag-botanical-garden tag-eucaliptos-en tag-forest tag-greenwashing-en pmpro-has-access\">\n<div class=\"post-inner\">\n<div class=\"entry\">\n<div class=\"author-info\">\n<div class=\"author-info\">\n<p><img decoding=\"async\" class=\"author-img alignleft tie-appear\" src=\"https:\/\/i1.wp.com\/eco123.info\/wp-content\/uploads\/Uwe-Heitkamp.png?w=618\" alt=\"\" \/><\/p>\n<div class=\"author-info-content\">\n<h3>Uwe Heitkamp (66)<\/h3>\n<p>trained television journalist, book author and hobby botanist, father of two grown-up children, has known Portugal for 35 years, founder of ECO123.<br \/>Translators: Dina Ad\u00e3o, John Elliott<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>17\/10\/2026 \u2013 23\/10\/2026\u00a0 by Uwe Heitkamp Edition 41.2026 Will AI destroy humanity? Do you believe that? Why would it be capable of that? I\u2019m sitting in a sort of taxi and being driven around. We\u2019re on the motorway, travelling from Portim\u00e3o to Faro. The driver asks me what I do for a living. The answer &hellip;<\/p>\n","protected":false},"author":3944,"featured_media":76224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[1409,1485],"tags":[],"class_list":["post-76263","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-short-stories-en","category-zw1-2-en","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Live and let live. - Eco123<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eco123.info\/en\/short-stories-en\/live-and-let-live\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Live and let live. - Eco123\" \/>\n<meta property=\"og:description\" content=\"17\/10\/2026 \u2013 23\/10\/2026\u00a0 by Uwe Heitkamp Edition 41.2026 Will AI destroy humanity? 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