Hayekstan

Titles as the sources gave them. In 1 entry, with 3 checked quotations.

What they said

Newest first. Each quotation was found word for word in the source.

“The six largest spenders this year are spending more on capital expenditures this year than the Russian government, governing 11 timezones and 143 million people, fighting a war on which the fate of its regime probably depends, spent last year.”
The AI buildout is the largest bet in the history of capitalism.LessWrong, October 25, 2026. Speaking as: Other. Hayekstan's opening comparison in a summary of the first section of a longer essay on the scale of AI capital spending.
“Leaving aside the question of whether very powerful AI can be built safely using anything like current methods, because of the scale of the spending key decision makers need to achieve it soon to justify their spend. I think this is extremely significant; it will encourage recklessness, to say the least.”
The AI buildout is the largest bet in the history of capitalism.LessWrong, October 25, 2026. Speaking as: Other. Hayekstan's conclusion from the spending figures, about the pressure on companies to reach powerful AI quickly.
“This gap can be used to negotiate a pause/slowdown/pacing with China from a position of strength, and failing that can be independently burned to pause/pace the efforts of US labs.”
The AI buildout is the largest bet in the history of capitalism.LessWrong, October 25, 2026. Speaking as: Other. Hayekstan on what the US lead in frontier compute over China could be used for.

In the Base

Every entry they appear in.

  1. EssayLessWrongWrote it

    The AI buildout is the largest bet in the history of capitalism.

    In a LessWrong post summarising the first section of a longer essay, Hayekstan argues that record spending by US and Chinese tech firms shows their leaders expect very powerful AI soon, and that this pressure to recoup the money will encourage recklessness.