I first learned about The Clause from Microsoft CEO Satya Nadella. During an interview with him in May 2023, I asked about the deal between Microsoft and OpenAI that granted his company exclusive access to the startup’s groundbreaking AI technology. I knew the contract had set a cap on how much profit Microsoft could make from the arrangement, and I asked him what would happen if and when that point was reached. The answer was a bit puzzling.“Fundamentally, their long-term idea is we get to supe...