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The Importance of Governance
I think of all progress as basically being like a sine wave back and forth from centralized exploitation to decentralized exploration. And the risk reward changes a lot too, right? Like if you're a startup trying to vent a new type of airplane, right, you're like doing experiments in the wind tunnel,. If the thing crashes or blows up, nobody's hurt, it's fine. But if you're Boeing and you make an error in your airplane, suddenly you sell thousands of airplanes that, you know, crash, that means it's absolutely catastrophic. When you have those kinds of things where the big companies can get away with doing that, then innovation basically dies because you're not allowing the