Apply AI: Scaling Private Fortunes
Dwarkesh Patel recently shared his thoughts in a video about the design and operation of a company run entirely by AI employees.
In the video, he explores the idea of a single dominant company emerging, scaling rapidly, and outcompeting others by using superior algorithms to process ideas and manage workloads.
This raises some interesting questions. If the goal was to create a society of “haves” and “have-nots,” one way to achieve this would be to keep such a company private for an extended period. Imagine a future “Amazon” that eliminates white-collar jobs, dominates its market, but whose growth remains inaccessible to the general public. What if all the wealth generated is held exclusively by private investors?
Could we see regulations requiring AI-driven companies to become publicly traded, or to otherwise share the benefits of their wealth creation more broadly?