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Open AI's CFO Says the Quiet Part Out Loud
Sean Morgan exposes a dangerous new precedent being set in the AI industry. OpenAI's CFO is reportedly asking the US government for trillions in loan guarantees for AI chip development.
Morgan draws a direct parallel to the 2008 bank bailouts, warning that this move would socialize the risk and potential debt of a private company's high-stakes gamble. He argues that when lenders stop caring about risk because of government backing, it inevitably leads to a bubble—and when it bursts, the American taxpayer is left with the bill.
This is a critical look at how the "too big to fail" playbook is being applied to the tech sector, threatening to distort the market and punish citizens for corporate risk-taking.
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