Wages and career prospects are a factor in what students chose to major in:
- Business and Finance: relatively easy courses, excellent career prospects and very good pay. Good social status too
- STEM: work long and hard to graduate. Wages are decent but in general there's not a lot of upward mobility (unless you go into management). And no one looks up to engineers.
- Academia: unless you love what you do, forget about it, because you're not going to get anything else out of it. Not even tenure, these days.

Both the Saudis and the Chinese have such a clear incentive structure to help prevent the problem. Everyone knows that there is a line, and bad things happen if the line is crossed. But the exact location of the line is not known. This causes a chilling effect and cautious behaviour automatically.

I'm not sure that a profits tax is a good lever for your purpose. A much simpler, more powerful answer is a wealth tax. Money is power. Entities and People who have Money are therefore dangerous and should be cut down to size by slicing away their power automatically. Profits alone are once removed from the power, and depend on an arbitrary accounting mechanism which interferes with enforcement.

Lovely! Two Brits pretending to be Americans who are outraged at the State of the States, warbling away in melodious language for the secret entertainment of their compatriots. Meanwhile everyone awaits for the Colonials to wake up and stomp in :)

The rich people are stable geniuses. They don't need no sycofefe, it's all dynamite in a barrel.

In Donald Rumsfeld's sense.

You're not addressing the fact that the bill for AI startups is coming due very soon. Being more expensive than India outsourcing is irrelevant when the investors want their gazillion returns that they were promised only a couple of years ago.

Maybe change the language to xx-bork?

Yes! And soon after the family came together to say his name for the first time in centuries, they said his name for the third time. That's when strange goings-on started happening at the mansion. The sisters had come and had said the forbidden words, and now they started having super-powers. But there would be a price, oh what a price to pay! It began the third night, when there was a knock on the door. A foreboding, measured, powerful knock. Read what happened next by signing up at Slashdot Reject Summaries Online, a new venture by non-editors fed up with repeating Slashdot story summaries. That's Slashdot Reject Summaries Online, a new venture by non-editors fed up with repeating Slashdot story summaries. Read what happened next there. By signing up. At Slashdot Reject Summaries Online!

Being born as a British Colony, they learned from the best... ahem... East India Company.

Just use DeepSeek. As long as you don't mention Madison Square it will do all you ask, no problem.

Not saying that this company is not legit, but most of these startups looking for investors claim to have some special doohickey or exotic process. To reassure investors: we are unique, no one will easily copy us, and even if we can't make it work there might still be a valuable patent in the company.

Quake III's contribution to Humanity

The reason is Ed Zitron has been making the rounds of business media lately pointing out that their (OpenAI, Anthropic) accounting doesn't add up at all. It's very enlightening to business types, who don't really understand our technical discussions about the mathematical limitations of LLMs, but understand very well when "profitability" is an accounting trick, and when sufficiently large markets simply don't exist for the implied returns from stratospheric valuations. The Emperor's New Clothes And All That.

The latest domino is Meta/Facebook who, like ElonCo, have announced that they have no use for all the GPUs that they bought previously, and are hoping to rent them out to customers instead.

Presumably, these customers will be able to do the kind of "Great Things"(TM) which the AI scientists on staff at Meta aren't able to do themselves. I'm talking about those AI scientists that Meta hired for $100m with great fanfare last year.

Personally, I'm looking forward to seeing World Hunger and Cancer solved in the third quarter this year by Meta's customers accessing NVDA chippies at a fraction of the price that Elon intends to charge, or failing that finding a way out of the continuing Hormuz Crisis by asking Google Gemini to make a plan and emailing it to the White House.

Well, if you need cat piss, I got you covered.

They are now talking about delaying their IPO until next year after all...