Who gets to pull the plug on AI?

Reid Hoffman sees promise in an AI buildout and wants its financial risks in the open. He and Aria Finger unpack a Financial Times report on up to $300 billion in AI infrastructure guarantees largely absent from the balance sheets of technology companies. They explore California Governor Gavin Newsom’s push for independent lab auditors and an AI kill switch, and discuss what effective federal oversight could look like. Reid explains how these proposals differ from the 2024 bill he opposed and makes the case for an international cyber treaty. A Truth Social poll to rename AI also prompts a debate about why “artificial” sells the technology short.