David Sachs
👤 PersonAppearances Over Time
Podcast Appearances
The reign of terror against crypto is over. And the beginning of innovation in America for crypto has just begun.
The reign of terror against crypto is over. And the beginning of innovation in America for crypto has just begun.
You know, Sam just went straight for the endgame here, which is regulatory capture. Normally, when a tech executive goes and testifies at these hearings, they're in the hot seat and they get grilled. And that didn't happen here because, you know, Sam Allman basically bought into the narrative of these senators. And he basically conceded all these risks associated with AI. He talked about
You know, Sam just went straight for the endgame here, which is regulatory capture. Normally, when a tech executive goes and testifies at these hearings, they're in the hot seat and they get grilled. And that didn't happen here because, you know, Sam Allman basically bought into the narrative of these senators. And he basically conceded all these risks associated with AI. He talked about
Chat GPT-style models, if unregulated, could increase online misinformation, bolster cybercriminals, even threaten confidence in election systems. So he basically bought into the senator's narrative and, like you said, agreed to create a new agency that would license models and can take licenses away.
Chat GPT-style models, if unregulated, could increase online misinformation, bolster cybercriminals, even threaten confidence in election systems. So he basically bought into the senator's narrative and, like you said, agreed to create a new agency that would license models and can take licenses away.
He said that he would create safety standards, specific tests that a model has to pass before it can be deployed. He says he would require independent audits who can say the model is or isn't in compliance.
He said that he would create safety standards, specific tests that a model has to pass before it can be deployed. He says he would require independent audits who can say the model is or isn't in compliance.
And by basically buying into their narrative and agreeing to everything they want, which is to create all these new regulations and a new agency, I think that Sam is pretty much guaranteeing that he'll be one of the people who gets to help shape the new agency and the rules they're going to operate under and what these independent audits are going to – how they're going to determine what's in compliance.
And by basically buying into their narrative and agreeing to everything they want, which is to create all these new regulations and a new agency, I think that Sam is pretty much guaranteeing that he'll be one of the people who gets to help shape the new agency and the rules they're going to operate under and what these independent audits are going to – how they're going to determine what's in compliance.
So he is basically putting a big moat around his own incumbency here.
So he is basically putting a big moat around his own incumbency here.
All right, before we get to Doge, we got a little housekeeping, a little housey housekeeping. You know, we're getting into the holiday spirit here. It's episode 205. We're in year four, and we're having a Christmas party. It's going to be great. The all-in holiday spectacular is happening in San Francisco.
All right, before we get to Doge, we got a little housekeeping, a little housey housekeeping. You know, we're getting into the holiday spirit here. It's episode 205. We're in year four, and we're having a Christmas party. It's going to be great. The all-in holiday spectacular is happening in San Francisco.