Odds and Ends

On Ultimate Risk


To claim that ‘casino capitalism’ is simply capitalism remains a conservative proposition, until it is elaborated to the point where the casino has become the stake. Only then does risk become ‘existential’, absolute, or transcendental, fully subsuming the gambler into the game, and the game into itself. Expectations of consummate historical singularity demand at least this much.

Capitalism, artificial intelligence, or enveloping catastrophe (at the limit, the terms are interchangeable) escapes generic categorization when registered as the thing, whose chance cannot be relativized, or hedged…