Live data from Hacker News

The Public Should Own Half of the Big A.I. Companies

sanders.senate.gov

71–80 of 290 posts

Re: The Public Should Own Half of the Big A.I. Companies

#71
post #22

> A.I. is built on our collective intelligence: our books, songs, artwork, journalism, computer code, scientific research, videos, conversations, images and ideas spanning generations I know many here would scoff at nationalizing a private company, but AI is a usurpation of human knowledge and quite literally at times. (Every AI company was embroiled in copyright lawsuits and lord knows what Qwen et al are up to.) In…

You can tax something without owning it. It is the owning part that bothers me. It implies that the government is going to shovel ridiculous amounts of money into these things and when the bubble finally pops We The People get nothing out of it.

Wait, is the idea to buy that 50%?

Re: The Public Should Own Half of the Big A.I. Companies

#72
post #49
post #22

> A.I. is built on our collective intelligence: our books, songs, artwork, journalism, computer code, scientific research, videos, conversations, images and ideas spanning generations I know many here would scoff at nationalizing a private company, but AI is a usurpation of human knowledge and quite literally at times. (Every AI company was embroiled in copyright lawsuits and lord knows what Qwen et al are up to.) In…

Labor displacement is always coming. Every new technology eliminates some old occupations and creates new ones. LLMs aren't unique in that regard. We should have a safety net to support and retrain displaced workers regardless of the technology. And let's please not have any lazy, low-effort replies claiming that AI will somehow magically eliminate all jobs for humans.

What are the jobs AI is creating, specifically?

> And let's please not have any lazy, low-effort replies claiming that AI will somehow magically eliminate all jobs for humans.

I don't think AI actually capable of doing so, but AI companies need to stop bragging about wanting to do this and making it their goal if you don't want people to keep bringing it up.

Re: The Public Should Own Half of the Big A.I. Companies

#73
post #22

> A.I. is built on our collective intelligence: our books, songs, artwork, journalism, computer code, scientific research, videos, conversations, images and ideas spanning generations I know many here would scoff at nationalizing a private company, but AI is a usurpation of human knowledge and quite literally at times. (Every AI company was embroiled in copyright lawsuits and lord knows what Qwen et al are up to.) In…

You can tax something without owning it. It is the owning part that bothers me. It implies that the government is going to shovel ridiculous amounts of money into these things and when the bubble finally pops We The People get nothing out of it.

Who said anything about the government shoveling in money?

Re: The Public Should Own Half of the Big A.I. Companies

#74
The quickest way to lose the AI battle to China and reinstate censorship and model political bias is to hand the industry over to the government. This doesn’t just benefit democrats, whatever political party is in power will use them as tools of political means. Not to mention almost certainly pricing won’t act in accordance with free market forces but instead be regulated. See healthcare.

Re: The Public Should Own Half of the Big A.I. Companies

#75
post #52
post #34

Earlier quoted context omitted.

They do this in Alaska's fund with great success[0] and Alaska is a deep red state. It's primarily funded by oil and gas revenue and other mineral royalties. Also thats only (at least) 25% of total revenue, the other 75% the state spends directly. Norway's oil fund is another famous example mentioned in the article.[1] [0]: https://apfc.org/ [1]: https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...

The oil is on Alaska/Norway's land, so they can choose what they want to do with money from selling that oil including distributing it or purchasing assets. Sanders seem to be proposing to arbitrarily seize half of the companies.

They seized all of humanity's intellectual output first.

Re: The Public Should Own Half of the Big A.I. Companies

#77
post #52
post #34

Earlier quoted context omitted.

They do this in Alaska's fund with great success[0] and Alaska is a deep red state. It's primarily funded by oil and gas revenue and other mineral royalties. Also thats only (at least) 25% of total revenue, the other 75% the state spends directly. Norway's oil fund is another famous example mentioned in the article.[1] [0]: https://apfc.org/ [1]: https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...

The oil is on Alaska/Norway's land, so they can choose what they want to do with money from selling that oil including distributing it or purchasing assets. Sanders seem to be proposing to arbitrarily seize half of the companies.

The oil companies are exploiting a public asset, so it's obvious the public would benefit. Who are the AI companies paying for the training data they're using?

Re: The Public Should Own Half of the Big A.I. Companies

#78
post #71

Earlier quoted context omitted.

You can tax something without owning it. It is the owning part that bothers me. It implies that the government is going to shovel ridiculous amounts of money into these things and when the bubble finally pops We The People get nothing out of it.

Wait, is the idea to buy that 50%?

I don't know what their plan is, but that is one way to "own half". I'm really hoping that isn't their plan, but this administration seems to love shoveling tax money to people who don't deserve it.
Post reply on HN