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

theguardian.com

151–158 of 158 posts

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

#151
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%.

What's your basis for conflating government ownership with public benefit? Seems to me like it creates a lot of perverse incentives.

I agree, I think we should go back to the old system of letting them be fully private and just taxing their gains heavily to pay for the public debts/needs.

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

#153

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. A…

Oh, you have NATO allies now? And in the future what… “we leave NATO if you don’t buy enough “tokens”? Go and build a wall.

Donald won’t be POTUS too much longer, hang in there, less than 3 years to go.

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

#154

Earlier quoted context omitted.

the choice is progressively giving more of the company to the government, or the government taking it by force it was long predicted that it is inevitable for national governments to fully nationalize AI labs and put them under military control

As far as I'm aware, this was only predicted by play acting effective altruists who tend to have a histrionic outlook around further developments of large language models.

Are you saying that the "effective altruists" are responsible for the cabal of bigtech+reactionary elites salivating at the power of pervasive surveillance + machine intelligence ? While the former certainly supplement the fervor of the latter, I think they would exist regardless.

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

#156
post #98

Earlier quoted context omitted.

Why assume it wouldn’t sell shares? If the state can take 5% ownership, it can sell that 5% for profit, and come back for another 5% next year. Ideally the rules on when to sell would be systematic, or made by a neutral bipartisan committee of advisors, but I suspect maybe it would be just be up to the treasury (like the crypto it now holds).

Coming back for another 5% seems unlikely. But the whole thing is unlikely and uncommon, so what's it matter?

Strange conclusion to reach. Taxes are generally assessed periodically (annually for income, property taxes, etc…). Time is money. The tax assessor always comes back for more, as long as there is more to tax.

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

#157

Earlier quoted context omitted.

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.

They could do that even if the government didn't have a stake though.

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

#158

Earlier quoted context omitted.

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.

Then local companies spring up and fill the void.
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