Why shouldn't all companies now form as a nonprofit, save on taxes, outcompete companies working the regular way (paying taxes), then once you win change to a for-profit corporaation, like OpenAI is wanting to do? (Chamath's point) ...
(Mozilla did something like this, reportedly.)
Elon built something incredible, defied every expectation, then have the Justice System take $55b away from him, then on the other side Sam pulling something like this off and make $10b (if that's what happens). Is that disheartening? Is that how the US system is supposed to work? (Chamath's points)
In Japan and Europe, when polled locals said it was a good idea to start a company 8 and 12%. In the US, 95%.
Many expect a second bout of inflation (based on past instances), but where would that come from? Wages are depressing, seemingly. Housing seems to be flattening, there are a lot of rents. US is positively geared to oil now.
Microsoft is talking about building datacenters for AI with a budget of $30b. ‘And that’s probably not enough,' ‘because OpenAi has like $50b.’ Is this how the government arranges for massive spending and development of their interests?