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".
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".
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.
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.