alt Hacker NewsBut humanity is gaining hugely productive (in financial terms) assets. It doesn't matter if the entity or its investors that created the asset goes kaboom.
Most of the investors and companies that built the rail network went bust. The iron remained.
Most of the investors and companies that built the telecom network went bust. The fiber remained.
Most of the investors and companies that are building models will go bust. The files (open weight or transfered to new owners for pennies) will remain, and yield economic benefits for as long as we flow current through them.
Just like rail and fiber, the GiganticCos will own foundational model development (from which oss models originate).
Unlike rail and fiber, these models will continue to threaten multiple industries simultaneously while yielding power back to the GiganticCos.