This mad dash to build companies worth TRILLIONS and with trillions of dollars in capex commitments based on the best of all possible worlds coming true for their products comes from this generation of CEOs. Nobody is saying “ok we’ve reached a new threshold in AI let’s see if we can expand slowly so it improves over the next 20 years”. They’re saying “we are on the verge of AGI and Superintelligence so we need hundreds and hundreds of billions of dollars to be spent to make it happen NOW”.

Then they'll turn around and say there's a decent chance ASI will kill us all, so better we build it before China does.

"Then they'll turn around and say there's a decent chance ASI will kill us all, so better we build it before China does."

And also set up moats so for security only they are allowed to push the state of the art forward.

Yeah that whole mass annihilation of humanity dollar. That’s a good dollar. Worth winning the rush to capture that one.

Paraphrasing Bill Hicks.

> Then they'll turn around and say there's a decent chance ASI will kill us all, so better we build it before China does.

So true. I know I'd rather be murdered by an American ASI than a Chinese one.

I think that's mostly so govt blocks their competition as much as possible