Is it a good sign or a bad sign that the biggest player in an emerging industry actively making trillion-dollar commitments that are artificially propping up the economy is asking for government support, and representatives of the government are weighing in on it? Asking for a friend.

Yesterday, OpenAI’s CFO Sarah Friar made headlines when she said during an appearance on the Wall Street Journal’s Tech Live event that she expects the federal government will provide a “backstop” to guarantee the company will be able to finance its massive and rapidly expanding infrastructure of data centers. The same day, Sam Altman appeared on Tyler Cowen’s “Conversations with Tyler” podcast and said, “Given the magnitude of what I expect AI’s economic impact to look like, I do think the governmen

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