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Nvidia Starts Pac as AI Chip Maker Builds DC Influence Force

34 pointsby rarismatoday at 6:34 PM11 commentsview on HN

Comments

spicyusernametoday at 7:33 PM

Is the problem here NVIDIA or is the problem that our government doesn't function unless there's a pac funneling money into decision-making?

Hardly surprising to see a company with strategic interests strategically try to achieve them. A business exists to make money, and if pulling policy levers is required to make money, you'll see them try to pull the levers.

Reverse Citizens United and you solve these kind of problems at the source.

bigcat12345678today at 7:20 PM

I treat this as a sign of the inevitable terminal phase of any private cooperation in US: they start to invest their resources to stretch into areas that are essentially irrelevant to their core mission, but they have to because of their core mission is accomplished already, and their business, which is built on top of the fruits of their core mission, needs protection beyond direct means relevant to their core mission.

When pursing a core mission, many corps fail, either because lack of resources, or mission itself is not meaningful, execution failure, etc.; they might be in growth, while their mission keeps self-reinforce into bigger and bigger mission, that's the wonderful time of meaningful growth.

When the core mission is done. The corp needs to reset. Either they get profit that is small enough that they normal corperate logic prevail, and they behave normally.

But when the core mission is so meaningful that the corp reaps so large a profit that they themselves atrack enough stakeholders that they no longer focus on core mission, they start to focus on profit.

That's how NVDA is now buying assets across the whole stack of AI, while still increase price to maintain its profit. NVDA wants to maximize profit.

The inherent flaw is that private corp in US system, has no meaningful end game when they are in this state of astronomical profit.

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wishgreentoday at 7:18 PM

Wait, I think I've seen this one before...

nothrowawaystoday at 7:23 PM

Gotta protect the windfall LoL

josefritzisheretoday at 7:17 PM

No amount of campaign donations will save them when the market crashes. They're going to find themselves short on friends.

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hblernertoday at 7:24 PM

[dead]

downrightmiketoday at 7:09 PM

break them up

lapkaaaatoday at 7:24 PM

we live in cyberpunk without all of the cool stuff