We need to come to terms with the possibly-irreparable harm that private capital has done to the West. Capital is long-past serving the interests of the broader

We need to come to terms with the possibly-irreparable harm that private capital has done to the West. Capital is long-past serving the interests of the broader public; but we're now past the point of capital serving the interests of the corporations its being invested into. The demand for shares in OpenAI and Anthropic is so high that its pushing their valuations into territories they can never hope to drive revenue to fulfill; the cycle of this massive warchest of private capital inside the AI industry has for all intents and purposes created a communist economic structure, with all of its faults. Grifting, favored suppliers; if the stories about SK Hynix and Samsung guaranteeing 40% of their wafer supply to OpenAI on a letter of intent they cannot follow through on are true, we're even getting good old fashioned communist mis-allocation of resources. The day may eventually come when the USG is forced with the decision of bailing out the trillion dollar OpenAI Corporation; taking a stake to add to their portfolio next to Intel and others; and maybe normies will then realize what is happening, but the writing has been on the wall for years. I love capitalism; its ability to allocate resources on a macroeconomic scale to pick winners and more-importantly losers doesn't have a rival system. As a younger, more naive startup employee, I'm on the record making a total fool of myself responding to our CEO talking about struggling to find PMF by saying "then maybe our company doesn't deserve to exist" (yeah...) But the "capitalists" who run the world aren't actually interested in capitalism, and thus definitionally can't be capitalists. At least once upon a time we had filthy rich titans you could look up to, like Buffet and Gates (Epstein stuff aside); but at this point most of them aren't even enviable people. Despite being richer than God, people like Huang, Musk, Ellison, and Zuckerberg feel more like vampires; they want to spend their whole lives doing the exact same thing, getting richer and richer, refusing to put a ladder down for anyone else to take a shot at improving on what they've built. I actually have a modicum of respect for Bezos and, to whatever vanishingly small degree, Trump; at least they're trying something different.