Elizabeth Warren asks OpenAI to promise they won’t ask for a bailout if they fail:

In a letter to CEO Sam Altman, Warren says she is concerned that the company is preparing to fall back “on the classic strategy of privatizing profits and socializing losses” amid soaring spending and growing fears of an AI bubble popping.

I like Elizabeth Warren and voted for her in the 2020 primary after my other favorite candidates dropped out. But I think she’s wasting her time here. If OpenAI fails, they fail spectacularly, and no bailout will help. They have gone all-in… and might actually win.