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OpenAI says it will burn $280 billion by 2030. Sebastian Mallaby gives it a 50/50 chance of running out of money by next summer. So what happens when the world's most prominent AI lab goes bust — and does the US government step in?
Sebastian Mallaby — Senior Fellow at the Council on Foreign Relations and author of The Infinity Machine, a biography of DeepMind co-founder Demis Hassabis — joins Sir Richard Dearlove and John Raine. They discuss the financial fragility of the leading AI labs, why open-weight AI models are too dangerous to permit, how a US-China non-proliferation deal for AI might work, and what a war game about nuclear submarines revealed about where this is all heading.
In this episode:
(00:00) AI Race Between US and China
(02:08) Sebastian Mallaby on AI Safety
(02:51) Is AI a Blessing or Curse?
(04:03) Who to Trust on AI Safety
(05:35) Demis Hassabis and AI Regulation
(08:23) Cold War Lessons for AI Safety
(11:42) Trump Administration AI Policy
(14:59) Private AI Safety Monitoring
(20:57) Open Weight AI Models Debate
(23:00) Does AI Replicate Consciousness?
(33:24) Is AI Investment a Bubble?
(45:39) AI War Game Nuclear Submarine Scenario
(54:37) The One Decision Open Weight AI
Hosted by Sir Richard Dearlove (former MI6 Chief) and guest co-host John Raine (International Institute for Strategic Studies).
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