[jmyeet]

How is this not just a "rich gets richer" scenario? What of the majority of the population that don't have excess funds to invest?

The funny thing about AI is that the LLMs were trained by stomping on private property rights, being the intellectual rights holders of songs, books, movies, etc plus the troves of user-generated content, something for which they see no benefit.

Why are private property rights so important for AI companies but the private property rights of the training data aren't important at all?

I can tell you why: people on HN aren't authors or musicians. They are however software engineers who see themselves as profiting from the AI bubble.

Put another way: it's not that they care about private property rights. They simply think they can get rich enough so the problems won't apply to them.