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

theguardian.com

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

#21

Post by bilekas »

This feels a bit off.. How is the government supposed to be able to regulate them impartially when they're literally invested in them.

What if a competitive startup startup starts to really take away from OpenAi's profits and then all of a sudden requires some approval for merger with Anthropic for example, I don't know if I would trust the government to be fair in their decision here.

Leaving aside the potential for letting the government(tax payers) hold the bag if there is a collapse.

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

#22

Post by gordonhart »

khalic wrote: post #16
exabrial wrote: post #12

Taxes are theft. This is absurd. There’s zero reason to bail these ding dongs out. Their entire business proposition has been to keep warm by incinerating fresh cash.

> Taxes are theft lol what a weird way to start this post

Objectively it’s absurd to have an organization take a significant portion of your money on threat of imprisonment just to invest it in a corporation

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

#23

Post by oliver-rock »

Traster wrote: post #11

Interesting. But if Sam really believes that the US public should share in the benefits of AI surely the number should be 50% not 5%.

Why 50% and not 100%? The obvious answer is it creates strange incentives. Maybe something like 5% across the board for all large tech companies make sense?

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

#25

Post by gcr »

osiris970 wrote: post #6

Isn't this what people wanted? The public to have access to the gains of these companies? I don't want public ownership of any private companies but this seems to be what slopulism leads us to

um, no? “The government” owning a stake in OpenAI is different from “the people” owning a stake.

How are you reading that differently?

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

#26

Post by logicalappeals »

Traster wrote: post #11

Interesting. But if Sam really believes that the US public should share in the benefits of AI surely the number should be 50% not 5%.

Agreed. 5% seems like enough to throw a dog a bone, but not have enough skin in the game

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

#29

Post by torben-friis »

radiator wrote: post #7
rasz wrote: 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?

Isn't this mostly circular? Let pichai, nadella and friends hold the bag. We'll be fine.

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

#30

Post by simiones »

bilekas wrote: post #21

This feels a bit off.. How is the government supposed to be able to regulate them impartially when they're literally invested in them. What if a competitive startup startup starts to really take away from OpenAi's profits and then all of a sudden requires some approval for merger with Anthropic for example, I don't know if I would trust the government to be fair in their decision here. Leaving aside the potential for…

> How is the government supposed to be able to regulate them impartially when they're literally invested in them.

That is exactly the point of this move, especially during the Trump administration.

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