Why do you think this? The power that I’m primarily concerned about is the power to pause, and I’m quite skeptical that companies like Amazon and Google would be willing to invest billions of dollars in a company which may decide to do something that renders their investment worthless. I.e, I think a serious pause, one on the order of months or years, is essentially equivalent to opting out of the race to AGI. On this question, my strong prior is that investors like Google and Amazon have more power than employees or the trust, else they wouldn’t invest.
People will sometimes invest if they think the expected return is high, even if they also think there is a non-trivial chance that the investment will go to zero. During the FTX collapse many people claimed that this is a common attitude amongst venture capitalists, although maybe Google and Amazon are more risk averse?
Why do you think this? The power that I’m primarily concerned about is the power to pause, and I’m quite skeptical that companies like Amazon and Google would be willing to invest billions of dollars in a company which may decide to do something that renders their investment worthless. I.e, I think a serious pause, one on the order of months or years, is essentially equivalent to opting out of the race to AGI. On this question, my strong prior is that investors like Google and Amazon have more power than employees or the trust, else they wouldn’t invest.
They might just (probably correctly) think it is unlikely that the employees will decide to do this.
People will sometimes invest if they think the expected return is high, even if they also think there is a non-trivial chance that the investment will go to zero. During the FTX collapse many people claimed that this is a common attitude amongst venture capitalists, although maybe Google and Amazon are more risk averse?