Quoting Andrew Singleton
Andrew Singleton in 'AI Economics for Dummies' satirizes the hype and circular economics in the AI industry through a story of a crematorium and a propane company.
A quote from Andrew Singleton
Simon Willison’s Weblog
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12th June 2026
Jenny owns a crematorium. John’s propane company gives her a $20 billion investment in return for 5 percent of her operation. Jenny throws $10 billion into the incinerator, then pays John $10 billion to buy propane to burn that money to ashes. John reports that his AI investments have generated $10 billion in revenue this quarter and that he owns 5 percent of a $100 billion business. A reporter from Forbes is assigned to profile John and Jenny, and over the course of his research, he becomes embroiled in a passionate but confusing three-way love affair with them, which eventually turns into a polyamorous common-law marriage. His profile is glowing, but light on financial details.
— Andrew Singleton, AI Economics for Dummies
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This is a quotation collected by Simon Willison, posted on 12th June 2026.
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