Who is spending the kind of money that makes regular NVIDIA employees millionaires? You have to consider how those people attained it. And at the scale of NVIDIA's growing value downstream of a rapid investment in AI infrastructure, you can trace a good amount of it to Elon Musk, who has interfered illegally in an election to purchase favor with a party that ended several serious investigations into his companies. Now, the government is using Elon's AI which trails in several benchmarks. Elon's storied history of gaming systems to keep his companies alive only begins there.

People love inequality when it's a celebrity they adore living large. Someone who hasn't scammed them and has demonstrably improved their life and the lives of others in a tangible way. The deeper the con, like Trump and Elon, the more damage to trust.

That's not implied by engagement. It's possible to use the advantage AI gives you in a competitive landscape while still fearing the future it will bring.

True freedom in the market means the freedom to capitulate your wealth to snake oil salesman and schemers who operate on generational timeframes until economic power consolidates and renders your society into de-facto tyranny. Before any sort of regulations existed, we were all trading shiny rocks with ultimate freedom, and that somehow has produced a bunch of economic situations in the modern day that a ton of people don't like.

What's more interesting to me is freedom from the need to have investigative journalists doing deep dives into potentially fraudulent, thieving, or scheming companies behind every purchase, and to know that what I'm granting market success to is exactly what my money or time is going towards - I'm not buying something at a loss that funds some other deliberately obfuscated project that's made opaque from my perspective of the market transaction.

The proverbial "market wisdom" doesn't emerge out of markets with extreme information asymmetry.

Hypercompetitive fields will always surface cheaters given enough time. Then regulations pile on to fight the cheating, which makes it harder for honest people to do the good work.

We do not punish cheaters like these as much as we should.

In the US we're being led by a career fraudster who was a Wharton grad only because he had a family friend who was an admissions officer, and according to his sister, he paid someone to take his SATs for him. We have not been serious about the massive consequences of white collar fraud and corruption and we are now beginning to understand the butterfly effects.

What should happen is that $X of the budget should be put into escrow for the next administration to use after these criminals make their way out.

You should not be able to get rich to the tune of a 600% daily return just because you're insider trading. That doesn't incentivize sharing your information with the market. On the contrary that incentivizes delaying communicating your secret information until the last second to maximize the return on your unexpected information.