But continue having that pile of (chip) money after the oil and gas money runs out (either due to decarbonisation or due literally the resources running out).
Sounds great!?
Thing is, it can actually get much worse than optimizing for inclusion. Do we really want Sharia authoritarian AGI?
Or am I misunderstanding what you are saying with your terse reply?
Isn't this the definition of soft power?
https://en.wikipedia.org/wiki/Soft_power
When NVIDIA sells GH200s to OpenAI, they expect nothing beyond the transaction. That's very different from getting trillions of dollars in investment from somebody to build chip fabs, etc.
Hysterical to me people on here in other threads would be knocking Altman for trying to raise huge money from people with huge money who have literally made it a goal to diversify into other areas.
What a moron.
$7T would buy more than 100 modern fabs. (TSMC has 4.)
https://www.bcg.com/publications/2023/navigating-the-semicon...
$7T would buy 20 thousand high-NA EUV machines from ASML.
https://www.tomshardware.com/pc-components/cpus/asml-ships-g...
$7T would fund both the Apollo and Artemis programs 20 times over. (In today's dollars.)
https://www.space.com/nasa-artemis-moon-program-93-billion-2...
$7T is the total volume of trade entering and exiting the US per year.
https://ustr.gov/countries-regions
$7T is the GDP of South America and Africa combined.
Just for comparison TSMC's market cap is ~$500B, ASML (who makes the cutting edge fab machines) is ~$350B. NVidia itself is ~$1.7T but that also includes non-AI things. Even if you include buying smaller players in addition to those, you could theoretically outright own the entire relevant market for less than $3T. And that's at full de-risked, retail public market price in a very frothy time period. The new venture cost should be less, otherwise investors would be wiser to just buy the existing players with all their IP, proven know-how and market momentum.