OpenAI CEO Sam Altman is in talks with investors, including from the United Arab Emirates, to raise between $5 trillion to $7 trillion in funding. The goal, according to a report in The Wall Street Journal, is to increase the world’s chip manufacturing capacity and enhance AI capabilities.
The fundraising efforts are part of a broader strategy to address OpenAI’s growth constraints, particularly the scarcity of AI chips needed for training large language models like ChatGPT.
Altman’s proposal is said to include forming a partnership with investors, chip manufacturers, and power providers to finance the construction of chip foundries, which would then be operated by the chip manufacturers.
A bit late now, but perhaps people–governments, regulators, leaders, the parties who had the freedom from the fields to sit about and draft corporate structures–should have thought about the interplay right in your statement which delivers us our current modern world.
I.e, the below points are in my sincere opinion, fundamentally mutually exclusive:
and
The former empowers the more agile structure of a singular corporation to devote all it can regardless of morality to ensure it controls the latter–Government, regulations, public opinion,“ownership” of natural resources–such as to maximize it’s own goals.
The goal of any single corporation taken to absurdity is often touted as absurd because but is it really?
What mechanisms does a corporation have to not grow until all the world is simply ‘Megacorp Branded’ ruins whose asset holdings trend to infinite on the last running quarterly report spreadsheet within a planet devoid of both investors and consumers?
There are no brakes built into the most common corporate structures by short sighted design, and humans suck at exponentials.
It hasn’t even been fifteen human generations since the advent of the Industrial Revolution bringing the impetus for ever speeding greed.
If the rich were any less short sighted than the poor and money granted the wisdom they think it does, they would be pushing for corporate reform that doesn’t risk a period of “blink and both our profits and the world are gone”.
That selfish-altruism isn’t common sense even as they all clamor for anti-aging just shows cash doesn’t provide wisdom, only opportunity to get your head out of your ass and insulation from consequence until it’s too late otherwise.