51–60 of 158 posts
Earlier quoted context omitted.
> 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
But if we think more deeply about this from the lens of human society, we ultimately end up with something like taxes.
So we might as well just have taxes.
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?
With a taxpayer stake in the company the odds that a corrupt administration will throw good money after bad due to corruption or stupidity goes way up.
- Altman takes away Musk's power as Trump's favourite tech friend.
- the government won't punish OpenAI too hard, because it makes money when OpenAI does well.
- the government can look at the user's data without any problems.
- OpenAI's competitors are forced to give the government a share in their companies too.
- when OpenAI sells shares to the public, investors will trust it more because the government is involved.
- every American could get a yearly check from OpenAI's profits, so voters will protect OpenAI.
- Sam Altman becomes friends with politicians from all sides, so nobody dares to investigate him.
>The proposal would also involve other US AI companies giving a similar stake to the government, the FT reported, although it is not clear yet whether companies such as Anthropic, Google and Meta would agree to the plan. I can't see Google or Meta shareholders agreeing to this? That said, Google, Meta, and SpaceX are all still founder-controlled using supervoting shares.
it was long predicted that it is inevitable for national governments to fully nationalize AI labs and put them under military control
> 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
The difference is that we can get to the moon
Seems to be a very bad mechanism to ensure democratic control of the technology. There must be better ways, even naively assuming that OpenAI is somehow genuine about wanting to broadly share its stake in the future.
Think of it from the company's POV. As a very good mechanism to impede democratic control of the technology.
I like that it's going to drive more momentum towards the open source/weight models. I was hoping that it would be a slower burn though.
Seems to be a very bad mechanism to ensure democratic control of the technology. There must be better ways, even naively assuming that OpenAI is somehow genuine about wanting to broadly share its stake in the future.