This outcome is exactly what I fear most. Paul Graham described Altman as the type of individual who would become the chief of a cannibal tribe after he was parachuted onto their island. I call this type the inverse of the effective altruist: the efficient psychopath. This is the type of person that would have first access to an AGI. I don't think I'm being an alarmist when I say that this type of individual having sole access to AGI would likely produce hell on earth for the rest of us. All wrapped up in very altruistic language of "safety" and "flourishing" of course.
Unfortunately, we seem to be on this exact trajectory. If open source AGI does not keep up with the billionaires, we risk sliding into an inescapable hellscape.
Mr. Musk's exitement knew no bounds. Like, if they are the ones in control of a near AGI computer system we are so screwed.