Kevin Roos
๐ค SpeakerAppearances Over Time
Podcast Appearances
So now the San Francisco billionaires can step in and rebuild it hand by hand.
Exactly.
Does it matter that both OpenAI and Anthropic are structured as public benefit corporations and are allowed to make social commitments that a traditional SpaceX, for example, will not be beholden to?
I think that's fair.
So I do think that there are going to be some positive pressures here that hopefully keep them from doing anything too silly.
Um, hmm.
I mean, I think on balance, you're right that like, because these are corporations, we do have to worry that like capitalist pressures will lead them to cutting corners and doing things that are unsafe.
So that is, I think, the right concern to have and to keep your eye on it.
On the other hand, I could also see an argument that when your company goes public, you are introducing more democratic oversight and governance into it, right?
These folks will now have to report their earnings.
They will have to give us information about their financials.
They will have to make certain disclosures as their products come out and as their company changes.
And shareholders will be able to maybe vote on certain things.
I think these are all good things because right now we have almost no levers whatsoever that people can pull other than trying to prevent a data center from being built in their backyard.
So maybe these give folks some new ones.
I mean, yes, absolutely.
You know, Kevin and I are not financial advisors.
I am actually a certified financial advisor.
I am not a financial advisor, but I do think that if, you know, you're a retail investor and you believe in this stuff, you should have the ability to like make that bet because we live in a country where you can bet on Bitcoin in an exchange traded fund.