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by pphysch 1 day ago
It's standard regulatory capture.

You don't say "let's ban my competitor".

You say "let's create laws that make it uneconomical for my competitor to access the market".

2 comments

Indeed. It's transparent and ham-fisted. I think it may cost him in the future.
People clown on Alex Karp for his unedited maniacal "crashouts", but this is a real public crashout that made it past a team of publicists.
I want whatever Karp is on when he does those interviews or writes that shit. Seems like fun.
I am not a fan (he’s really alarming and so is Palantir) but one thing from the recent CNBC interview caught my attention.

He rushed past it but he asked something like: if these frontier models are going to be creating so much value, why are they selling tokens and not taking a cut?

It is a very provocative question but it just spilled out of his mouth and then he went on to something else.

That was a stupid question IMO and he was hepped up on goofballs. I saw that interview and I know what a tweaker looks like.

The electric company creates the most value. Why don’t they own stock in everything? Why didn’t PC makers take stock in companies that deployed PCs?

It’s silly when you think about it.

is it opportunistic though, or planned from day one? The safety narrative has been there since the beginning