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Creditors scrutinize AI giants’ liabilities

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AI is moving deeper into medical billing and debt collection as creditors scrutinize rising liabilities among the world’s largest AI companies.

Reposted by Aric Rindfleisch

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Here are some more details from the proposal (doi.org/10.1007/s133...), designed to avoid this problem. Just as we may not want to permit an uninsured corporation (or one financially unable to meet its obligations) to take on high-stakes projects, the regulatory principle for AI should be similar.
October 12, 2026 at 3:50 PM
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(10/) Finally, a stronger corporate tax can handle the fiscal challenges of AI. We don’t know which firms win, or how much, or whether/how much the labor share of income will fall. But corporate tax is a flexible tool for allowing society to share in business success (w/o govt taking shares!).
October 12, 2026 at 3:20 PM
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It may sometimes be appropriate to introduce regimes of strict liability for the operation of AI systems. The required insurance costs might then (ideally) incentivise greater AI safety. Of course, all this is very tricky. But there are lessons to be learnt from the case of corporate regulation. 3/3
October 12, 2026 at 2:14 PM
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I'd welcome feedback on this new working paper on how to think about firms' intangible assets in the AI era: www.bennettschool.cam.ac.uk/publications...
The business of business is relationships: the implications of generative AI for organisational intangibles - Bennett School of Public Policy
Intangibles are increasingly important to productivity growth and to the widening gaps between firms, yet generative AI is changing their value in ways that current approaches to defining and measurin...
www.bennettschool.cam.ac.uk
October 12, 2026 at 12:36 PM
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This NYT piece aptly raises the issue of *responsibility gaps* arising from the use of AI systems. In the paper below, I compare such responsibility gaps with those arising in the more widely studied case of corporate entities and discuss possible regulatory responses via liability arrangements.
Group Agency and Artificial Intelligence - Philosophy & Technology
The aim of this exploratory paper is to review an under-appreciated parallel between group agency and artificial intelligence. As both phenomena involve non-human goal-directed agents that can make a ...
link.springer.com
October 12, 2026 at 1:54 PM
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Reposted by Aric Rindfleisch

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I can't wait for this AI hype bubble to pop, for the scams and crap to get regulated out of existence, and for company to get back to only using AI/ML when it is provably useful to make products better for customers. Sure, that's a smaller use of AI, but at least it's one that helps people.
October 11, 2026 at 11:12 PM
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again, we’re not regulating. we’re not doing even the basic due diligence to determine the impact of AI across all areas of public life incl war. the real near term risk to human life is here, not in some runaway agents and misalignment (which are bad too).
October 12, 2026 at 10:17 AM
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Reposted by Helen Miller

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As *everything* becomes powered by AI, where do we even begin in distinguishing mil and non-mil uses of data centers. The commingling is a looming catastrophe.
October 12, 2026 at 10:10 AM
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What if AI is everything creativity books have wanted all this time? What happens now that they got it? A new issue of Creative Class Contrarian out now!

alfrehn.substack.com/p/52-creati...
#52 – Creativity Punditry Sold Ease of Creation. AI Gave It to Us. Now What?
I have, for reasons both professional and personal, read creativity books for more than 30 years (I can’t remember the first one I read, but it might be more than 35 years).
alfrehn.substack.com
October 12, 2026 at 5:38 AM

Reposted by Neil Pederson

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It's "one of the largest single AI infrastructure investments in US history."
One of America's Last Remaining Chestnut Groves Could Soon Be Wiped Out to Make Room for an AI Data Center
One of the few remaining chestnut groves in the US may soon be bulldozed to make room for a massive hyperscale data center.
trib.al
October 12, 2026 at 10:51 AM
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I understand the claim "the rise of AI is also one of the biggest facts in the world."

Maybe there are 20 people whose conversations about AI are really critically important to that big fact. Maybe there are 200.

Either way, I'm sure they're all on a group chat already.
October 12, 2026 at 3:46 AM