You are definitely right in that Sam Altman is not an economist. He is a computer scientist.

And sadly I have to agree with your Titanic metaphor. But what I am thinking of is that we don’t have to be the guests dancing while the ship already collides with the iceberg. Instead we could learn from rats and leave the sinking ship in advance - maybe at the start of the journey and before we land in icy waters.

Now enough with the metaphors, I would love to see how KISS and YAGNI would apply to the problem. Since I am not an economist either - my background is neuroscience and psychology, and despite work and organisation psychology has been one of the directions I was interested in during studies and is basically even the reason why I got my job, I thirst for input from those more knowledgeable on this topic since in work/organisation psychology it’s more about the HR component and less the financial one.