Pete Huang
👤 SpeakerAppearances Over Time
Podcast Appearances
This probably means mid-September, which is usually when they do the full release of these updates.
This is Pete wrapping up The Neuron for June 11th.
I'll see you in a couple of days.
Welcome to The Neuron.
I'm Pete Huang.
Today, the US government has opened the door for inquiries into the latest shenanigans by big tech companies.
What have these companies done to deserve this?
And how does this affect AI?
It's Saturday, June 8th.
Let's dive in.
If there's one thing that Silicon Valley loves more than starting companies, it's exiting companies.
After all, that's where you make your money, right?
If you write a check to fund a new startup, you get shares in the company.
And as an investor, you better see a pathway for that company to IPO, for it to sell to another company, some way for you to sell your shares and convert them back to dollars.
So anytime something happens that results in fewer options for you to sell your shares in your companies, you're going to be a little bit peeved.
Now that's on the startup side.
If there was somehow a group or a person or government body or whatever that was also poking around big tech companies, asking some hard questions about what they're doing or otherwise stopping them from doing what they want,
Well, I can guarantee you all of tech, the people working on startups, the people who invest in startups and the people working in big tech would be unified in being annoyed at this one particular party.
Welcome to the FTC, the Federal Trade Commission, which this week is opening inquiries into all things AI.
NVIDIA, OpenAI, Microsoft.