One thing I suspect investors in e.g. OpenAI are failing to price in is the political and regulatory headwinds OpenAI will face if their fantastical revenue projections actually materialize. A world where OpenAI is making $100B in annual revenue will likely be a world where technological unemployment looms quite clearly. Polls already show strong support for regulating AI.
That absolutely kills open source, and it's disguised as a "safety" bill where safety means absolutely nothing (how are you "shutting down" an LLM?). There's a reason Anthropic was championing it even though it evidently regulates AI.
Zvi says this claim is false: https://thezvi.substack.com/p/guide-to-sb-1047?open=false#%C...
>how are you "shutting down" an LLM?
Pull the plug on the server? Seems like it's just about having a protocol in place to make that easy in case of an emergency. Doesn't seem that onerous.