>> A cynical take is that they are just generating hype and investment in their companies. We’re getting close to AGI so better throw a few billion our way before you miss out - is a nice pitch.

Well Sam literally asked for 7 trillion dollars to build out the semiconductor industry enough to support AI. That implies AI is worth that kind of investment. He's a smart guy, but I saw the video and IMHO he really sounded foolish in that moment.

Let the hype continue...