I’m starting to suspect this whole “pace the frontier”/cooperation thing is a price fixing scheme.
AI labs are hemorrhaging money but they can’t raise prices because their competitors will bleed them out.
Only way out is a third party to regulate prices upward.
🚨 OBAMA ON AI: "If we are thinking about AI just in terms of how do we cure cancer or get better energy, you can do that without having agentic AI and having it just roaming free in the internet. The reason you are doing that is because you have to market a product that people will pay money for.
That’s a misalignment between what our society needs and the commercial imperatives that these companies are facing, not because necessarily they’re trying to do bad things, but because they’ve got to justify these valuations.
So, that’s one more reason why it is really important for us to have a competent government and a serious bipartisan conversation around this issue, and we have to do it fast. And I would encourage voters to pay attention to this. If somebody does not have a serious plan for how to deal with this, then they’re not meeting the moment, and you should probably look for somebody else."