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SpaceX IPOs at $2.89T Market Cap, US Govt Suspends Fable & Mythos 5, Altman Delays OpenAI’s IPO | EP #265
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Technology Decoupling from Capital: Alex's Post-Capitalist Canary
At 1:07:20 · chapter starts 1:06:00
Alexander Wissner-Gross argues that if technology can self-improve without needing external capital, this is an early signal of a post-capitalist economy. Dave notes OpenAI just raised $122B. Salim on valuing intelligence loops over stocks and flows. [1] — Alexander Wissner-Gross "This is a canary for recursive self-improvement, which is underneath itself, it's technology improving technology, maybe not even needing c…" 1:07:20
OpenAI recently raised $122 billion — larger than even the SpaceX IPO capital raise — leaving it extremely well capitalized and reducing pressure for an immediate IPO.