“In 1958, Mao ordered every village in China to produce steel. Farmers melted down their cooking pots in backyard furnaces and reported spectacular numbers. The steel was useless. The crops rotted. Thirty million people starved.
In 2026, every other company is having top down mandate on AI transformation.
Same energy.
…
The UI is clean. The API is RESTful. The architecture diagram is beautiful. The outputs are wrong. Nobody checks because nobody on the team knows what correct outputs look like. They’ve never looked at the data. They’ve never computed a baseline.”
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Reading further into this story, and considering that in the Subprime AI Crisis, reminds me of an old quip that …
Politicians lie to the press, and then believe what they read.