People don't get that big labs actively want government regulation, not because they are genuinely concerned about AI misalignment. But because it is the 101 in how to achieve and crystalize oligopoly. What they want is "only the government and the big guys can work on AI", for the rest of us it would be illegal.
Not only that, they know that the real enemy of big Labs is not china is "home gpu/tpu" improvements. Without government intervention in a couple of years everyone could have their own fable like model at home. But of course big labs and government will not allow it never
Fat government contracts, consulting, safety services, and exclusive tender access all follow from this regulation too.
The sensation I’m left with is a handful of goons making up new IPO math thanks to a specific constellation of political forces, using access and favour with those forces to bake themselves into the defence industry, and that the taxpayer and investor will be left holding the bag when reality rears its head. But in the short term, even as a clear ploy, it’s super profitable for all the oligarchs and hedge funds flush with recovery cash.
Like Enron, there was big profits to make if you knew what they were doing. Tinkerbell math with undeniable profit potential for a select few.
