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> giving that control to a handful of oligarchs seems undesirable

Seems like it is the uncontrollable aspect to me.

I'm not sure what you mean.

The oligarchs are under no controls, that’s what I understand from their comment

I think they are saying...

the rich and powerful may have so much sway over government that we may not be able to reach "Ai alignment" with society

... but not sure I agree, I hope this is not true anyhow