In the weeks surrounding potentially record-setting IPOs, researchers at two of the world's most powerful AI companies have stepped forward to warn that the technology they are building may pose an existential threat to humanity — only to be met with dismissal, ridicule, and suspicion from the very investors and executives who stand to profit most. The collision unfolding in San Francisco is not merely a dispute about risk estimates; it is a deeper reckoning with whether the institutions shaping our technological future are capable of holding both ambition and conscience at once. History has r