Top of my head—he’s hoping OpenAI, and the AI boom in general, is too big to fail. In 18 months, Trump will still be in office. The only aspect of the economy he’s rated as a “success” on is increasing stock prices. Those have been driven by AI. He’s openly trying to force the Fed to reinstate ZIRP. He could force a bailout of OpenAI (and others) on national security grounds. These would be considerations I’d fully expect Altman and others to have consciously considered, planned for, and even discussed with Trump and his advisors.
Top of my head—he’s hoping OpenAI, and the AI boom in general, is too big to fail. In 18 months, Trump will still be in office. The only aspect of the economy he’s rated as a “success” on is increasing stock prices. Those have been driven by AI. He’s openly trying to force the Fed to reinstate ZIRP. He could force a bailout of OpenAI (and others) on national security grounds. These would be considerations I’d fully expect Altman and others to have consciously considered, planned for, and even discussed with Trump and his advisors.
In fact, OpenAI’s CFO has already floated the idea of a government “backstop” (bailout).
https://www.wsj.com/video/openai-cfo-would-support-federal-backstop-for-chip-investments/4F6C864C-7332-448B-A9B4-66C321E60FE7