The walls are closing in and the president is gleefully lighting fires he has no intention of putting out. There's a reason they're rushing like mad to an IPO, but as we saw with OpenAI it's easier said than done when your business model is "Lose tons of money to eventually maybe dominate a market with the moat we don't have, but trust us AI is huge give us trillions."

With the "let's stop AI now" statements, can it really be said that they're rushing to an IPO?

> "let's stop AI now"

Pausing AI training would benefit them a lot, as inference is insanely profitable (> 50% margins with maximum demand, afaik)

Basically asking the government to hobble the competition so they can IPO before the music stops.