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How much is too much? It’s like porn: you know it when you see it.

Basically one company (or a cabal of companies) shouldn’t be allowed to exert enough market-moving pressure on inventories as to disrupt other industries depending on this supply.

Sam Altman masterfully negotiated a guaranteed supply of chips for OpenAI, and there is nothing wrong with that, by itself. But there are now a dozen other industries getting rekked as collateral damage, and that shouldn’t be something one man or one company can do.





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