Earlier quoted context omitted.
I assume that’s why Altman wants the government as a co-owner.
Not to mention that a government ownership stake also incentivizes a bailout if this all goes bust.
OpenAI ‘in early talks to give 5% stake to US government’
101–110 of 158 posts
Re: OpenAI ‘in early talks to give 5% stake to US government’
#102This 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…
Re: OpenAI ‘in early talks to give 5% stake to US government’
#103Earlier quoted context omitted.
I assume that’s why Altman wants the government as a co-owner.
Not to mention that a government ownership stake also incentivizes a bailout if this all goes bust.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#104Re: OpenAI ‘in early talks to give 5% stake to US government’
#105Interesting. But if Sam really believes that the US public should share in the benefits of AI surely the number should be 50% not 5%.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#106The moment the government owns equity, every regulatory decision becomes conflicted. The top 3-4 AI companies in whic the givernment owns equity, will become too politically entangled to fail or to let fail or be meaningfully competed against, or "allowed" to be competed against.
This will also lead to drasitc increase in surveillance state since givernment will now have a fudiciary, and "political" duty to increase dividends, "for citizens". One way to do that will be to purchase large amounts of surveillance equipment and tech disguised as "safety".
Any public dissent can now be indirectly suppressed by threatening with a perceived decrease in dividends or value of the sovereign wealth fund, thus, affecting healthcare, and other public expenditure.
This also sets a very bad precedent for other governments to follow. This will end up with givernments of major nations to act in similar fashion, thus, expanding this dystopian setup further.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#107I 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…
After the Cold War, McKinsey and big 4 consultancies are working in every part of government, ostensibly to make government as efficient as the private sector. The NSA's surveillance program wouldn't have seen the light of day had Booz Allen not had a contract with them.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#108Earlier quoted context omitted.
I assume that’s why Altman wants the government as a co-owner.
Everything seems rotten with this administration.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#109Re: OpenAI ‘in early talks to give 5% stake to US government’
#110Earlier quoted context omitted.
Russian Oligarchy is actually the best comparison there is.
There's a huge difference between being shaken down highway robbery style "versus" pre-emptively paying the toll in advance for safe passage. I guess. It may not be obvious but isn't one unethical and the other not so much? For some operators they may highly prefer circumstances where it's impossible to tell the difference though.
We've seen the shakedown of Anthropic out in the open. It's reasonable to assume that Sam Altman has seen it as well.