Episode Details
Back to Episodes[Linkpost] “I Need You To Understand That “Moving Fast and Breaking Things” Is Playing With Peoples’ Lives” by Kenneth_Diao
Description
I’m not the first to say this, but I’ll say it again: I’m worried about Anthropic's and OpenAI's (possible) IPOs.
Tl;dr: there's a good chance that Anthropic and/or OpenAI becomes a publicly traded company in the near future. Somehow this makes a lot of capital that was previously solid melt into a liquid. That liquid capital can then be given to whatever the people who own it want it to be given to. That's many billions of dollars in annual funding at the very least, which is orders of magnitude more than organizations are used to receiving. I’m thankful many of these people want to give their money away, though really that should be the bare fucking minimum for billionaires. But I’m also worried.
We are all attracted to money like moths to a flame. Even I feel the temptation: with all these billions of dollars, what kind of good could we do? We spin great yarns about the kinds of impact we will have on the world and exchange congratulations on our ratiocinations. Yet the more I’ve thought about this, and the more I’ve read what people have had to say, the more worried [...]
---
First published:
May 20th, 2026
Linkpost URL:
https://layabolitionist.substack.com/p/i-need-you-to-understand-that-moving
---
Narrated by TYPE III AUDIO.