There’s a new law of the land taking root in Silicon Valley: the more technology makes us laypeople replaceable, the more the technocrats building it are considered indispensable.

There’s a reason they call him the Oracle of Omaha. For decades now investors have pored over Warren Buffett’s annual letter to shareholders, hoping to soak up whatever wisdom they can from the business icon.

OpenAI’s power brokers seem to have decided that the quickest fix for last week’s dysfunction is to borrow a page from corporate America’s playbook by adding some establishment figures to its board.

Charlie Munger, the longtime vice chairman of Berkshire Hathaway Inc., who died on Tuesday at the age of 99, will be exalted for many things in the coming days.