Big Tech Wants Rules for AI. Small Rivals Pay the Price. | Ep. 288

Anthropic and OpenAI plan IPOs. Their leaders also warn of killer robots and ask Washington to regulate them. Peter Schweizer and Eric Eggers ask who profits from the rules. Investor Steve Eisman says the AI labs face open-weight competitors, have no lasting edge, and manufacture a crisis to write regulation in their favor. Nvidia CEO Jensen Huang asks why executives who fear their own product rush to raise money. Peter compares the push to Dodd-Frank, which some of the largest Wall Street firms backed and which drove out small competitors unable to afford compliance. The hosts play President Trump, Brad Gerstner, and Bill Gates, who calls new AI law "a little bit of overhead." They cover data center power use and local opposition, Eric's figure of more than $300 million in AI company spending on the 2026 midterms, and OpenAI's purchase of the TBPN podcast. They close on tech leaders who praised China for years and now cite China as a threat to win support in Washington. (00:00) Killer robots or a regulatory play (02:10) Executives tell government to stop them (05:09) Investor Brad Gerstner on federal AI review (07:16) Steve Eisman on the manufactured crisis (09:53) Jensen Huang asks why they rush to IPO (11:07) Dodd-Frank and the Wall Street firms behind the law (12:07) Bill Gates on "a little bit of overhead" (14:22) Data centers, power use and local pushback (20:48) AI money in the midterms and the TBPN purchase (22:45) Tech leaders flip on China 𝐓𝐡𝐞 𝐃𝐫𝐢𝐥𝐥 𝐃𝐨𝐰𝐧'𝐬 𝐀𝐮𝐭𝐡𝐨𝐫𝐬 𝐚𝐧𝐝 𝐓𝐡𝐞𝐢𝐫 𝐁𝐨𝐨𝐤𝐬 👇 📕 𝐏𝐞𝐭𝐞𝐫 𝐒𝐜𝐡𝐰𝐞𝐢𝐳𝐞𝐫 The Invisible Coup: How American Elites and Foreign Powers Use Immigration as a Weapon (2026) https://amzn.to/3LcenCd 📗 𝐄𝐫𝐢𝐜 𝐄𝐠𝐠𝐞𝐫𝐬 Fraud: How the Left Plans to Steal the Next Election (2018) https://a.co/d/cQZzBlT?tag=governmacco01-20 ━━━━━━━━━━━━━━━━━━━━━━━━━━ 𝐅𝐨𝐥𝐥𝐨𝐰 𝐓𝐡𝐞 𝐃𝐫𝐢𝐥𝐥 𝐃𝐨𝐰𝐧 👇 🌐 https://thedrilldown.com ▶️ https://www.youtube.com/@TheDrillDown 📸 https://www.instagram.com/TheDrillDown1 𝕏 https://twitter.com/TheDrillDown1 📘 https://facebook.com/DrillDownTV 🟢 https://rumble.com/c/TheDrillDown1 🟣 https://truthsocial.com/@DrillDownwithSchweizer 🎧 Listen on the go: https://thedrilldown.podbean.com Also on Apple Podcasts, Spotify, iHeart and Amazon Music. ━━━━━━━━━━━━━━━━━━━━━━━━━━ 𝐓𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐁𝐞𝐡𝐢𝐧𝐝 𝐭𝐡𝐞 𝐒𝐡𝐨𝐰 👇 The Drill Down is produced by the 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐈𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐞, a nonpartisan investigative research organization. No anonymous sources. No government funds. We follow the money and publish what it shows. 🌐 https://accountabilityinstitute.org/ 𝕏 https://x.com/Govt_Acct_Inst 📸 https://www.instagram.com/govt_acct_inst ▶️ https://www.youtube.com/@Govt_Acct_Inst 📘 https://www.facebook.com/GovernmentAccountabilityInstitute 📖 More from Peter Schweizer: https://peterschweizer.com 📖 The Invisible Coup: https://theinvisiblecoup.com