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OpenAI ‘in early talks to give 5% stake to US government’

theguardian.com

11–20 of 158 posts

Re: OpenAI ‘in early talks to give 5% stake to US government’

#14
post #7
post #4

This is how they will secure eventual bailout.

But what would happen if no bailout came? I did not keep count of how many trillion USD they owe, but if we let OpenAI fail, what would be the consequences for ordinary people?

[dead]

Re: OpenAI ‘in early talks to give 5% stake to US government’

#15
post #7
post #4

This is how they will secure eventual bailout.

But what would happen if no bailout came? I did not keep count of how many trillion USD they owe, but if we let OpenAI fail, what would be the consequences for ordinary people?

My Mom wouldn’t be able to make AI images of her dog Chico as a pirate anymore.

Re: OpenAI ‘in early talks to give 5% stake to US government’

#18
> Altman has also reportedly spoken with the Democratic senator Bernie Sanders in recent weeks. The senator has been pushing for the creation of a sovereign wealth fund overseen by an independent commission and financed through a one-time 50% tax on the stock of the biggest AI companies.

Bernie shooting for the moon here

Re: OpenAI ‘in early talks to give 5% stake to US government’

#19
I know OpenAI has delayed their IPO by a year (i.e. not publicly traded, yet; so: no dividends), but wouldn't it be better for the Government/bottom 95% if instead of taking ownership, they taxed all tech-related stocks 5% every time they're traded – this is a perpetual stream of income, and would likely reduce speculative short-term trading...

source: middle-aged electrician, owns a little stock (and would happily pay trading taxes, either in/out/both); know nothing unrelated to copper; eats crayons

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