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
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