> I’m not sure why a Y-Combinator backed company hasn’t come out yet flooding the market with highly capable OPAI

If we momentarily disregard the fact that YC itself owns billions of dollars worth of OpenAI shares[1], YC would plan to find demo-day investors willing to drive down the value of frontier labs. The coöpetition among VCs and the existing web of AI investments will mean no VC will be interested in investing in local AI...until after the frontier labs IPO.

1. Thanks to the self-dea^w foresight of former YC president Sam Altman