Technology1 min read

Thanks to American oligarchy, Jensen Huang’s midlife crisis is a problem for all of us | Moira Donegan

By · Via The Guardian Business · Published by Everything Blog

In short

Jensen Huang acknowledged an extramarital affair with Alice Huang, a Singapore-based Megaspeed executive suspected of being a Chinese intelligence operative. Megaspeed, which buys advanced hardware from Nvidia, was previously investigated by the U.S. Commerce Department for allegedly smuggling chips into China. That government probe was halted last year after an intervention by Nvidia's general counsel. Nvidia's board has launched an internal inquiry while maintaining that national security and corporate secrets remain uncompromised.

Key points

  • Nvidia has initiated an internal review to determine the full operational impact of the r…: Nvidia has initiated an internal review to determine the full operational impact of the relationship.
  • The company's board currently maintains that no corporate secrets or national security as…: The company's board currently maintains that no corporate secrets or national security assets were compromised.
  • Nvidia shares experienced a decline on Monday morning as investors assessed potential geo…: Nvidia shares experienced a decline on Monday morning as investors assessed potential geopolitical and legal fallout.

Sources checked by our analysis pipeline: 1

One of the reasons you want to distribute power and responsibility in powerful organizations and high-stakes enterprises is so that the narcissism or myopia of one man do not come to carry outsized consequences.

When power is spread out across multiple people, it matters less if one of those people is prone to flattery, or in the midst of a midlife crisis, or perhaps just a bit stupid; the limits on his power become limits on the fallout of his character flaws.

A broad distribution of authority also has the virtue of making any one man disposable, replaceable: if he turns out to have poor judgement or counterproductive preoccupations, he can be dispensed with, and his role can be filled anew with someone better suited to its responsibilities.

But if one man becomes synonymous with a company – or a country – then untold numbers of other people live and die by that man’s decisions. And when his decisions are bad – petty, selfish, shortsighted, small-minded or dumb – then it is other people who will pay the price. And…

Technology