Anja Cradden proposes ways of managing tech companies before we reach crisis point. Plus letters from Mike Scott and Gerry Rees “When the AI bubble bursts, humans will finally have their chance to take back control” , says the headline on Rafael Behr’s article (23 December). I think it’s more likely that when the AI bubble bursts, the creators of the crisis, along with other wealthy economic actors, will be in the rooms with the politicians telling them how to “rescue” us all by transferring wealth in some way from average citizens to the already extremely wealthy. Just like they did during the financial crisis of 2008. We need to be ready with alternative plans. For example, world governments could coordinate to buy, for suitably low prices, majority shares in any crashing tech company that actually produces something useful, ensuring that those shares come with full voting rights. Continue reading...