Chapter 2
Afraid?
July27, 2025
Theabove date is very time critical as the state of AI is very buzzwordsensitive. Fear sells. Every month we are bombarded by the latestreasons to fear AI - from it's "hallucinations", to it'sreplacing everyone's jobs and to the sci-fi concept of AI taking overthe world. But the truth is much more scary.
Itall became clear to me a while ago when I had an actual argument withGoogle Gemini about J.P. Morgan. The AI was positive that J.P. Morganwas bailed out by the US Government during the 2008 housing crisisbecause "they were too big to fail". In recent history,this is true of JP Morgan/Chase. The corporation was bailed out bythe government in the 2008 housing crisis. But that was not myquestion to Gemini. I was asking about the man, J.P. Morgan and hisrole in history.
Ieven admitted to the AI that the company JP Morgan/Chase was bailedout in the housing crisis of 2008. It was pleased that I was agreeingwith it. But when I suggested that was not my question, the AI took amore confident stance, suggesting that I was mistaken and J.P. Morgannever bailed out the US government. It would not even entertain thatI was referring to the human, John Pierpont Morgan born in 1837. Tothe AI, J.P. Morgan was JP Morgan/Chase, the company.
Geminirefused to acknowledge his historical existence, let alone the impacthe had on the US Government Treasury System. It was adamant I wasincorrect and J.P. Morgan was a corporation. It was ignoring actualhistorical facts and was extremely confident in doing so, statingthat I was mistaken several times, albeit in an oddly friendlycombative, confident tone.
Theevents I was referring happened over 100 years ago, so in fairnessmost people are unaware that J.P. Morgan did set up a direct USgovernment bailout during the Panic of 1893 and then during the Panicof 1907, he orchestrated the top bankers of New York City tocoordinate with the US Government to save the economy once again.These actions were integral to the infamous 1910 Jekyll Island Clubmeeting among the power elite to create our current Federal ReserveSystem by an act of Congress in 1913.
Forsomething referred to as "Artificial Intelligence" to bedisregarding basic historical facts should be alarming to everyone.With that great power, history can be rewritten, nuance removed andeven completely erased. We have all heard of the prominence of DeepFakes designed on purpose to confuse reality, but this is a case ofan AI removing an actual human, J.P. Morgan, from existence becauseof faulty programming.
Evenusing AI as tools for other purposes can essentially change history.Thanks to the BBC, they illuminated the fact that some social mediaplatforms were using AI to remove videos and photos of possible warcrimes in Ukraine, leaving victims without the any future recourse.It was even determined that similar graphic content from other warlocations remained on the social media sites, yet footage of theattacks in Ukraine were automatically removed by AI. It does not takea stretch of the imagination that with the continued misuse of AI,which is not intelligent and does only as it is programmed to do,could eventually alter all the news, videos and photos that we areallowed to know about - essentially creating alternative historicalfacts at the whim of media outlets.
Andfor those of us who are asking AI questions to find out informationwe do not know, the AI systems add caveats, such as Microsoft's"Copilot may make mistakes" and Google's "Gemini canmake mistakes, so double-check it". But how do you double checkanything when the common way to obtain information today is throughInternet searches, which are now controlled by summarized AI? Andmore and more content on the Internet is now being generated daily byAI.
AIis now caught in a self reinforcing feedback loop. It's mistakes arebeing amplified because flawed AI uses flawed AI to correct flawedAI. This leads to AI flaws to become AI laws.
IfAI can ignore the existence of one of the most powerful humans in1900 by purely poor programming, is any historical figure safe?