Earlier quoted context omitted.
How is it a bailout if the government just takes 5% of the shares?
The bailouts and or special treatment start afterward.
Why? We think the government would care about maximizing its own revenues?
OpenAI ‘in early talks to give 5% stake to US government’
141–150 of 158 posts
Re: OpenAI ‘in early talks to give 5% stake to US government’
#142This 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…
Wouldn’t the solution to that be for the government to also demand a 5% stake in every AI company? Along the lines of what Sanders wants to do?
"Demand". What kind of government would you like ?
Sanders doesn't want that actually.
Taxes are not investments in your company. They're your contribution to the infrastructure and people to help your company grow. In theory. The US seems to just let rich not pay.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#143I 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 p…
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Re: OpenAI ‘in early talks to give 5% stake to US government’
#144This 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…
The Trump/Bessent/Lutnick grouping has no interest in regulating "impartially." Quite the opposite. That's the illusion of US capitalism 30 years ago. Today's is explicitly more like Putin's Russia: the state has been captured by a series of private interests, one of whom is kingmaker, and you have to pay to play. It's transactional and parasitical, not bureaucratic or regulatory. As long as the King and his friends…
I didn't mention specific politics because those are mutable. Sometimes good sometimes bad. What is in place today can change tomorrow, but holding 5% of a sketchy investment, it's a bit different. Having to bail them out.. It's another mess.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#145Earlier quoted context omitted.
Sam, the proprietor of Woldcoin? Amodei might play hardball, but he's got nothing on sama's evil villain ambitions.
Why downvote me for an opinion? Anyways, I'll take a liar over a zealot anyday.
Honestly I'd say both are both. They just lie and are zealots about different things.
Ultimately they both want money and power, they just grasp for it in different ways.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#146Earlier quoted context omitted.
Wouldn’t the solution to that be for the government to also demand a 5% stake in every AI company? Along the lines of what Sanders wants to do?
We really need to go back to the 95% tax system on these giant corps
I think that's just gonna make companies set up abroad. But an individual tax of asset wealth over 1 billion, I agree.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#147Earlier quoted context omitted.
Wouldn’t the solution to that be for the government to also demand a 5% stake in every AI company? Along the lines of what Sanders wants to do?
"Demand". What kind of government would you like ? Sanders doesn't want that actually. Taxes are not investments in your company. They're your contribution to the infrastructure and people to help your company grow. In theory. The US seems to just let rich not pay.
> Demand". What kind of government would you like
I think many americans on both sides sides of the aisle are in the mood for a government that demands a stake rather than asking nicely. If there’s a loser in the last 10 years of politics it’s the Cato Institute economic libertarians.
Re: OpenAI ‘in early talks to give 5% stake to US government’
#148Re: OpenAI ‘in early talks to give 5% stake to US government’
#149We may not see it yet, but, this is a way to capture government and use that to suppress competition and any dissent. The 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 t…
Good. Maybe this will incentivize a push to make the regulatory agencies truly independent, like the fed. the executive branch is clearly not up to the task.
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Re: OpenAI ‘in early talks to give 5% stake to US government’
#150Earlier quoted context omitted.
The bailouts and or special treatment start afterward.
Why? We think the government would care about maximizing its own revenues?
That depends.
Is the government staffed by people with US market investments?
staffed by people with who have investments that rely on deals with OpenAI?
…staffed by people who believe they have more in common with sama than you?
Seems possible.