Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

theguardian.com

Post reply on HN
Print view View original

41–50 of 158 posts

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

#41

Post by khurs »

eiejee wrote: post #8
radiator wrote: post #7

Earlier quoted context omitted.

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?

Nothing If OAI blew up now a whole lotta of people who supplied money would be angry. But those people are generally not the common person But the pushback will be — ‘but china!’

The people who supplied money are not retail investors. They are rich people who have power and influence and connections to politicians, media etc

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

#43

Post by Grombobulous »

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

The voter base who hates big government and communism is getting USSR-style state owned industry from its beloved leaders.

This would be hilarious if it didn’t negatively impact all the sane people who aren’t in the cult.

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

#45

Post by elil17 »

It seems that the US may be in a process of signing itself up for many of the drawbacks of Chinese-style state capitalism (regulatory conflicts of interest, opportunities for politicians to rent-seek) with stakes small enough that the taxpayer will see little real economic benefit.

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

#48

Post by linguae »

I may be naïve or completely uninformed, but given the federal government’s vast resources, including supercomputers, national laboratories, the NSA, and many talented employees, why does the federal government need OpenAI or Anthropic for that matter when it has the resources to build its own LLM, even one exclusive for government use? The federal government has a long history of technical feats, such as the atomic bomb, the ARPANET, and the moon landing. Couldn’t it build its own state-of-the-art LLM?

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

#49

Post by michaelsbradley »

It would not be without problems and mistakes in execution over time, but I think the US and our NATO allies should nationalize AI research and development in a sweeping manner, and NATO membership ought be revised to hinge on that.

In the US, for example, all intellectual property of OpenAI, Anthropic, et al. would become public domain through custody of the Federal government, probably in an expansion of the NSF. All AI research and development would be required by law to be done in the open: open source code, transparent training data, reproducible models.

Post reply on HN