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The tech industry has a predictable pattern: Every few years, a “revolutionary concept” emerges that promises to fundamentally transform how we organise human activity, eliminate inefficiency, and democratise opportunity, but it turns out to be a scheme to funnel money out of your pocket into someone else’s pocket without delivering a working product.

From the dot-com boom to blockchain, from ICOs to NFTs, the script remains remarkably consistent.

Now, we’re witnessing the latest iteration: Zero Human Companies (ZHCs), also called autonomous AI businesses or “self-driving companies.”

Proponents, paid shills, and AI-fan boy thread posters on Twitter claim these AI-powered entities will soon operate entire businesses without human intervention—conducting market research, developing products, executing marketing campaigns, managing customer service, and generating revenue while their human “owners” simply monitor dashboards and collect profits.

It sounds like science fiction, or more accurately, like a sales pitch designed to separate credulous investors from their capital with another round of digital alchemy.

...read more at thebitcoinmanual.com