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From Waterloo to the Ukraine crisis, fear of violence has influenced interest rates, raised commodity prices, and enriched (and impoverished) individuals.
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Although the epidemic is not yet gone, we have become accustomed to its inconveniences. What will be the next disaster? Is there a bubonic plague strain that is resistant to antibiotics? The end of the world as we know it? Is there a mass ejection from the coronary arteries? Will the next disaster be natural, such as a big volcanic eruption similar to Tambora in 1815, which we haven't seen in over two centuries? Will it be a man-made disaster, such as nuclear war or a cyberattack? In our efforts to avert such disasters, can we accidentally slip into a new sort of AI-enabled totalitarianism?
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I attempted to tell Mark Zuckerberg that he might end up like John D. Rockefeller or William Randolph Hearst. The rest of us, on the other hand, don't have a clear solution for what his platform has evolved into.
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Presidents sworn in during crises are popular at first. But unforeseen events can soon change that.