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Kevin Roos

๐Ÿ‘ค Speaker
332 total appearances

Appearances Over Time

Podcast Appearances

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

So now the San Francisco billionaires can step in and rebuild it hand by hand.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

Exactly.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

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?

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

I think that's fair.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

So I do think that there are going to be some positive pressures here that hopefully keep them from doing anything too silly.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

Um, hmm.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

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.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

So that is, I think, the right concern to have and to keep your eye on it.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

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?

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

These folks will now have to report their earnings.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

They will have to give us information about their financials.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

They will have to make certain disclosures as their products come out and as their company changes.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

And shareholders will be able to maybe vote on certain things.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

So

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

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.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

So maybe these give folks some new ones.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

I mean, yes, absolutely.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

You know, Kevin and I are not financial advisors.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

I am actually a certified financial advisor.

Hard Fork
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT

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.