This Bezos-style hyperaquisition isn't new exactly but it's not the constant norm its currently made out to be: its a sociecal failure mode with clear precedent but by no means a constant and its not at all obvious that it's inevitable.
Like the world is learning with nukes, you cannot rely on the powerful for mercy. You can only rely on the powerful to grasp for more power and the only way to stop them is to yourself be as strong as possible.
If a utopia ever exists, it will only be because of a stalemate arms race (see: no nuclear powers have had an open war). Peaceful utopia is otherwise too easily disrupted by a single asshole with a big stick.
They’re the only AI lab with their own silicon.
Edit: they didn’t say “likely,” they just marveled at the talent + data + TPU + global data centers + not needing external investment.
If I recall correctly, their theory was that google could deliver tokens cheaper than anyone else.