You’re probably familiar with the dead internet theory: most of what you encounter online is now generated by bots, for bots, with humans reduced to a shrinking audience for machine-generated noise. Last year, over half of new content on the internet was AI-generated. The humans are still there, scrolling, but the thing they’re scrolling through has become a performance staged by machines for an audience that hasn’t yet realized the show isn’t for them. It’s utterly desiccating to log onto spaces seeking a live mind to joust and think with, and find a relentless stream of slop. Promised an age of superconnectivity, we’ve let our shared physical spaces wither, only to find our promised digital commons to be one large billboard increasingly read and created by bots. That’s bad enough. I want to talk about something worse. Call it the dead economy theory. A word of welcome to the folks who have arrived here from Hacker News and various other places.…