FT comment: Jensen Huang's fall is an indictment of tech giants' "founder mode"
Huang’s fall is an indictment of founder mode at Big Tech
AI summary
NVIDIA co-founder Jensen Huang falls, and the company's market value evaporates 1 trillion dollars in two weeks; FT calls it an indictment of Silicon Valley's "founder mode." He did not rely on super-voting rights, but rather on a compliant board that did not require a designated successor and did not even elect a chairman. The article argues that his arrangements to support neoclouds and open-source AI will face risks, that power may concentrate toward founders such as Zuckerberg and Musk, and that founder mode appears set to shape AI over the long term.