Exactly my take a few days ago:

Yup

Anyone who believes that the coordinated statements from the last few days by the big powers — Anthropic, OpenAI, X, Nvidia, MS, etc. — calling for a reduction in AI power, are motivated by a healthy concern for human well-being and not purely by business strategy, are completely wrong.

This is my take:

Today, AI development is completely deficit-driven. They lose billions of dollars every year on the creation and maintenance of enormous data centers. The only thing keeping the racket going is a circular economy between all these big companies. They issue debt to finance each other, which in turn buy each other's shares and contract each other's services. But this racket can't be kept running indefinitely — it's unsustainable.

What they need is to reduce competition and secure clients willing to pay the real cost of the service. That's why their best interest is having the state regulate AI to the point of banning certain developments. The main goal is to nationalize AI, sell or lease it to the state, and ban open-weight models. In this way, these big companies would have a cash-rich client and eliminate competition from small developers and open-weight AI with one shot.

And to be able to pass that law, they need to create a state of panic in the population that allows the state, once again, to abolish freedoms and rights in the name of false security.

They've already started attacking open-weight models. Nvidia just bought Hugging Face, the largest repository of free LLMs. Microsoft bought GitHub last year.

The strategy is exactly the same as with the fake COVID pandemic:

Big pharmaceutical companies historically had to invest enormous sums of money in development over more than a decade before bringing any product to market. And then they had to recoup it in just a few years before patents expired, with no guarantee of profitability.

Therefore, they wanted a scenario in which they didn't have to wait at least a decade to commercialize their products. Ideally, they needed to create massive demand to sell their products before they were even developed, so they could finance development with that revenue. And what better client than the states?

So the best strategy to achieve that massive demand was, once again, by spreading panic in the population that allowed democratic states to pass laws mandating the purchase of those products to distribute to the entire population.

The AI industry is the same dog with a different collar.

AI is not dangerous; the danger is that it's in the hands of a few, which is precisely what they are trying to achieve.

They are trying to close the AI self hosting way out.

Good time yo remember that Liquid is NOT bitcoin.

Highly recommended.
I read it 5 years ago during covid confinement, along with Orwell's 1984 and Ayn Rand's Atlas shrugged.
I tell you it was an awakening year for me.