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Treasury Sec. Bessent on Fox: “This administration supports open source models, but what we do not support is IP theft. If we see, especially, that overseas models are stealing from our great companies, we have the ability to sanction them because of this theft.”
i may be half wrong — some VCs pushing pro open source while perhaps big labs pushing for regulatory capture?
@MikeIsaac the literal opposite is happening tons of investors have strongly advocated for pro open source position both in america and china https://x.com/chamath/status/2079457219892871458?s=20 https://x.com/bgurley/status/2079202357049790551?s=20 https://x.com/MTSlive/status/2079287916409581887?s=20 https://x.com/altcap/status/2078828800410898612?s=20
what will happen for the foreseeable future is basically most of the big labs and VC class lobbying the government against open source chinese models that is b/c open source erodes the first mover advantages closed source companies had and thats where all the investment is
Treasury Sec. Bessent on Fox: “This administration supports open source models, but what we do not support is IP theft. If we see, especially, that overseas models are stealing from our great companies, we have the ability to sanction them because of this theft.”
@MikeIsaac VCs will split between those who got in early to the big labs and those who would benefit from the next-gen of companies who can build on the MIT licensed models. The risks are really nuanced and a lot of people are about to show their whole ass in WSJ OpEds and on CNBC.
@MikeIsaac the literal opposite is happening tons of investors have strongly advocated for pro open source position both in america and china https://x.com/chamath/status/2079457219892871458?s=20 https://x.com/bgurley/status/2079202357049790551?s=20 https://x.com/MTSlive/status/2079287916409581887?s=20
I totally agree w David that America needs a thriving open source ecosystem & robust competition between open source & closed frontier labs to keep America in the lead. Reg capture is bad in all forms. The frontier labs - like Apple - will thrive even w great open source. 🇺🇸🚀 https://twitter.com/davidsacks/status/2078826291638522127
i dont have an opinion on safety here, that is a separate but parallel discussion but from an economic standpoint basically all of private investment is highly motivated to bang the sinophobia drum right now