Permanent public ownership of (very large stakes in) these companies doesn't seem like such a bad idea anymore, does it? It's what we used to have for most of the 20th century at least in Europe.

Yeah and exactly zero of those companies are European as a consequence. I think we won’t be taking Europe’s lead on this, thanks.

How do you reconcile this capitalistic zeal with how opposed to honest capitalism these companies are?

I reconcile that with the fact that Europe doesn't make enough DRAM for me.

Neither does anyone else, as is being demonstrated currently.

So, as long as you can have your desires met, you don't really care about however much harm happens to anyone?

That's only sound is it not. If you take away the hype - nothing critical actually depends on LLMs. You can remove them all today, and nothing bad would happen.