I think he's right

With regulatory capture we will speedrun to a new feudalist time

Regulatory capture is where you pass regulation, or create government agencies to "protect the people" but in the end it helps protect companies because you stop new companies from being able to enter the market, because the cost of following regulation is too much compete for a startup

Neo feudalism will mean AI companies at the top and the rest of us as serfs paying them to use AI for literally everything

Next in regulatory capture will be banning open source and/or Chinese models, mark my words

That's a very dangerous thing because then there will never be new AI frontier companies being able to compete again and with exponential self improving AI that means essentially no competitors in any industry ever again as they will slowly suck up money in all industries

Safety concerns of AI are scary but the neo feudalism of AI with regulatory capture is a way more scary for me

𝕏 @Jason: https://x.com/Jason/status/2098819632178119081

Even @grok agrees with me https://x.com/i/grok/share/201e322e135c458b90baf87eae57ebbf

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