The Dangers of Privatization

When you have advanced technology, you destroy the universe on a regular basis. Just the act of creating the technology required to save us will first create technology that will destroy us. So there's no free lunch here. We got through the cold war in large part because only kennedy and kruche got to destroy the world if they wanted to. But with the proliferation of potentially existential technologies, lots and lots of people get to spin that roulette wheel overtime. And then the other dangerous element of privatization is the skewed incentives that arise when private actors start making dangerous bets for privatized gains. Even though global powers have been relatively stable and small group up until now, even they don't