Skip to content
Thursday 13 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,772.67
-0.56%
DAX
26,299.74
-0.12%
CAC 40
8,650.56
-0.28%
STOXX 50
6,545.47
+0.18%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 17 June 2026 1:45 am  |  Updated:  Wednesday 17 June 2026 5:09 pm

Book review: The Reverse Centaur’s Guide to Life After AI by Cory Doctorow

By: Simon Hunt

City Editor

Add as a preferred source on Google
GettyImages 2240900371 portrays a significant business event with professionals networking in a modern conference setting.
The AI bubble is about to burst, argues Cory Doctorow

No subject has made me go more hot and cold than AI. 

Some days, I open Gemini, Claude or ChatGPT, set tough tasks and am dumbstruck by the speed and accuracy of the results. Wow, this is the future, I think to myself. On other days, I ask something simple and they get it all wrong. Wow, this is utter rubbish.

Later, I read that AI solved a theorem that had left scientists scratching their heads, or progressed a new treatment for cancer. The future. Then a report into its adoption finds it has delivered zero productivity gains for most firms, or a company that replaced staff with chatbots had to quietly rehire them because the bots failed. Utter rubbish.

The constant flip-flop is exhausting – but I am far from alone. I’ve spoken to colleagues, consultants, regulators, even tech investors who confess similar mood swings. Which is why I gleefully took shelter in the warm certainty offered by Cory Doctorow’s new book. Doctorow is famous for his skepticism of Silicon Valley, and, no surprises, he goes all guns blazing on its latest technological frontier.

Cory Doctorow discussing AI advancements at a tech conference podium, focusing on ethical implications and future trends

AI is, for the large part, rubbish, Doctorow says. Most of what it promises is wildly overstated by executives desperate for more cash to keep the lights on at loss-making ventures. AI won’t take all our jobs because, in most cases, it simply isn’t good enough. And it won’t ever be good enough, because they’ll go bust before they can get there, such is the eyewatering capex involved in powering every model advance.

Well, that’s that then. Except – is it? There is a breezy confidence – an arrogance, even – in Doctorow’s thesis that makes me queasy. The delivery has a familiar cadence, the arguments a familiar inevitability, to the very AI execs Doctorow rails against, and I am suspicious for the same reason.

Sure, there are tell-tale signs of an AI bubble – but did the dotcom crash kill the internet? Did railway mania kill the train? We are far too early in this technology’s evolution to make meaningful predictions. Unpleasant though it may be, going hot and cold remains the best way to stay sane.

The Reverse Centaur’s Guide to Life After AI by Cory Doctorow is available from 23 June, published by Verso Books. Hardback £16.99.

Read more

UK government probes OpenAI breach after ‘unprecedented’ hack

Sam Altman discussing OpenAIs ChatGPT advancements at a press conference, emphasizing AI innovation and future developments

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Life&Style
  • AI
  • Business
  • The Magazine

People & Organisations

  • AI
  • ai bubble
  • Anthropic
  • artificial intelligence
  • book
  • capex
  • ChatGPT
  • OpenAI

Related Topics

  • Books

Trending Articles

  • Five-star Mayfair hotel hit with HMRC winding-up petition

  • It’s not just Jason Arday, most of sociology is a scam

  • Revolut takes flight with launch of new airport lounges

  • IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details

  • As it happened: FTSE 100 falls as Iran and US clash over Strait of Hormuz; Oil stockpiles ‘rapidly depleting’

More from Morning Wire

  • UK government probes OpenAI breach after ‘unprecedented’ hack

    Tech
    Sam Altman discussing OpenAIs ChatGPT advancements at a press conference, emphasizing AI innovation and future developments
  • Ex-UK minister Robertson rubbishes Ukrainian claims he aided Russia’s Olympic return

    Sport Business
    Sir Hugh Robertson, British Olympic Association, wearing a poppy and name tag, at an event
  • Ofgem targets speculative AI data centres to free up Britain’s energy grid

    Tech
    2024 was a transformational year for GlobalData.
  • OpenAI’s proposed ‘Trump stake’ raises ‘governance overhang’ fears ahead of IPO

    Tech
    Sam Altman discussing OpenAIs ChatGPT advancements at a press conference, emphasizing AI innovation and future developments
  • ‘Fantastic news’ as Burnham brings Britain’s AI minister into Cabinet

    Tech
    Kanishka Narayan, prominent figure in the news, engaging in a public event or discussion, showcasing leadership and influe...
  • AI gold rush leaves accountancy firms exposed to costly cyberattacks

    AI
    Two tablets displaying code and a cyber warning symbol, with blurry blue and pink background numbers
  • Brits fear AI is slipping out of human control after ‘rogue’ systems escape tests

    Tech
    Dario Amodei, CEO of Anthropic, speaking at a tech conference podium, wearing a suit and addressing the audience.
  • ‘Extremely dangerous’: AI warfare much bigger threat than LLM model advances, experts warn

    AI
    Swarm of AI-powered drones flying over a city skyline, symbolizing modern warfare and autonomous technology.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook