With a few of these top companies together, you, as a nobody, has no one powerful on your side. But with only one company pretty far ahead, you now have other companies which obviously don't give a shit about you, but for saving their own asses, will align with you.
Both exploit, but "cartels" survive, not loners.
There is no way Elon, Zuckerberg, Altman, and Amodei would ever agree on how AI should be deployed, scaled, and affect society. Their disagreements would lead to a crab-bucket outcome, rather than a shared acceleration outcome imo.
Also it is better if there is a public company at the frontier, at least I can invest in it, rather than 1000x gains going only to early employees and VCs who got in when the public couldn't
Why? They're business rivals, but when the best business strategy becomes to work together, I'm sure they can put name-calling side. They all agree on the core idea: that their AI will run the society, bedroom to battlefield. That everyone will be the consumer of tokens and rely on AI for all consequential decisions and work, and that big tech companies should be the stewards of this technology, helped by the government.
Their vision is that they're the future kings of the world. I'm sure the throne is big enough for more than one person.
You underestimate the scale of resentment and competition between elites. If it were simple a matter of elites always preferring cooperation so they can share a seat at the table, then Musk's ousting from OpenAI wouldn't make sense (they lose their biggest investor), Amodei's departure (they leave the closest company to AGI to start their own firm), the fact that OpenAI was created in the first place was based on a fear of Google holding the keys to AGI, Ilya still left Google though on to join a startup, and then left that same startup (OpenAI) to start his own firm.
The rational decision at all those points would be to stay with the incumbent and share the monopolized glory. At each point, personal and idealogical differences dominated in decision making. I feel such will persist as these companies vie for their slice of the lightcone.
Can you posters really be taken seriously?
Capitalism is effectively over when you have AGI - that's when the US sends in the army and seizes everything. At that point what money you have, the law - it gets ripped up - its litereally irrelevant. You cannot be this naive, surely?
Anyone depraved enough to actually become a billionaire will not see it this way.