I think at this point the question is: will the US government be willing and capable to justify the trillion dollar valuation for _one_ of the companies via regulatory capture? The US has a workforce of 170m, so 1.7 trillion would come down to 10k per person, or a discounted cashflow at 3% of 25 USD per month - not including private use, students etc.
Why would you restrict to the US workforce? ChatGPT has a billion users.
Because it would be the US taxpayers bailing them out.
It’s a common denominator if you want to do napkin-math for a whole national economy. Regulatory capture is like a tax on those people not on the beneficiary side, so if the government were to nationalize both supply (no export license for SOTA models) and demand (no foreign or self-hosted LLMs allowed), they’d end up making everyone else pay for it in some way or the other. The governmental utility function will then include only those using the services for direct economic benefit.
They have a stupid plan to buy ten to fifty percent of all the SOTA AI companies, and giving us all a fraction of the money.
Trump keeps calling his enemies “communists”… then turns around and ‘seizes the means of production’ himself.