Nvidia Starts Pac as AI Chip Maker Builds DC Influence Force

Is the problem here NVIDIA or is the problem that our government doesn't function unless there's a pac funneling money into decision-making?

Hardly surprising to see a company with strategic interests strategically try to achieve them. A business exists to make money, and if pulling policy levers is required to make money, you'll see them try to pull the levers.

Reverse Citizens United and you solve these kind of problems at the source.

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bigcat12345678 44 minutes ago | parent | prev | next [-]

I treat this as a sign of the inevitable terminal phase of any private cooperation in US: they start to invest their resources to stretch into areas that are irrelevant to their core mission, but they have to, because their core mission is accomplished already, and their business, which is built on top of the fruits of their core mission, needs protection beyond direct means relevant to their core mission.

When pursing a core mission, many corps fail, either because lack of resources, or mission itself is not meaningful, execution failure, etc.; the fortunate few, might be in growth, while their mission keeps self-reinforce into bigger and bigger scope, that's the wonderful time of meaningful growth.

When the core mission is done. The corp resets.

Vast majority of them make profit that is small enough that the normal corporate logic prevail, and they behave normally.

Extremely rarely, when the core mission is so meaningful, the corp reaps so large a profit, and so many stakeholders are attracted, that they no longer focus on core mission, they start to focus on profit.

That's why NVDA is now buying assets across the whole stack of AI, while still increase price to maintain its profit. NVDA wants to maximize profit.

The inherent flaw is that private corp in US system, has no meaningful end game when they are in this state of astronomical profit.

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zdragnar 43 minutes ago | parent | next [-]

Their biggest customers are struggling to build out locations to use their products. This is nothing more than an attempt to engage in regulatory capture to overrule local politics on behalf of their customers.

	▲	bigcat12345678 15 minutes ago \| parent [-]
		> Their biggest customers are struggling to build out locations to use their products. That's true. Although, the fact remains that any large corp in US, eventually becomes too big to fit their core mission. Essentially, NVDA does not need this much profit to continue its core mission or try to expand the scope into more meaningful ventures. But profit seeking inevitably would make them to go blindly. They'll find reasons to do that, as profit itself is non-binding to any particular person, ideology, principles etc.

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actionfromafar 39 minutes ago | parent | prev [-]

They need protection from other oligarchs, and they know the Prince hasn't read chapter 23.

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wishgreen an hour ago | parent | prev | next [-]

Wait, I think I've seen this one before...

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nothrowaways 42 minutes ago | parent | prev | next [-]

Gotta protect the windfall LoL

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josefritzishere an hour ago | parent | prev | next [-]

No amount of campaign donations will save them when the market crashes. They're going to find themselves short on friends.

	▲	post-it an hour ago \| parent [-]
		This guy hasn't watched the Big Short.

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downrightmike an hour ago | parent | prev | next [-]

break them up

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lapkaaaa 40 minutes ago | parent | prev [-]

we live in cyberpunk without all of the cool stuff

	▲	actionfromafar 7 minutes ago \| parent [-]
		From your downvotes, I can only assume some people think this is the cool cyberpunk stuff. :-D