Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
1–10 of 18 posts
Re: Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
#2Don't be a ridiculous socialist, clearly 50% is too much. The true capitalists believe that the USG should only own
* 10% of Intel
* 15% vig of Nvidia chip sales to China
* largest shareholder in several materials and mining companies
* option for 8% of Westinghouse
* "Golden Share" of U.S. Steel
/s
Re: Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
#3Don't be a ridiculous socialist, clearly 50% is too much. The true capitalists believe that the USG should only own * 10% of Intel * 15% vig of Nvidia chip sales to China * largest shareholder in several materials and mining companies * option for 8% of Westinghouse * "Golden Share" of U.S. Steel /s
I think you'll find the USG is only holding those shares temporarily and they will be transferred to ... someone ... just before January 20th, 2029.
Re: Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
#4Yet another completely un-implementable, insane take from someone who has accomplished very little in the way of legislation. I mean seriously? We're going to start to seize companies now? What even is an "AI" company? Google trains their own model? Are we going to seize Google? Give me a break. This is real life slop and would never get published if it weren't for the author's name.
Re: Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
#5Yet another completely un-implementable, insane take from someone who has accomplished very little in the way of legislation. I mean seriously? We're going to start to seize companies now? What even is an "AI" company? Google trains their own model? Are we going to seize Google? Give me a break. This is real life slop and would never get published if it weren't for the author's name.
US government already has a minority stake in Intel. Seems to be the season for this sort of thing.
You're right, though. New York Times printing calls for the nationalization of "all the big companies..."
Re: Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
#6Don't be a ridiculous socialist, clearly 50% is too much. The true capitalists believe that the USG should only own * 10% of Intel * 15% vig of Nvidia chip sales to China * largest shareholder in several materials and mining companies * option for 8% of Westinghouse * "Golden Share" of U.S. Steel /s
I think you'll find the USG is only holding those shares temporarily and they will be transferred to ... someone ... just before January 20th, 2029.
I understand the cynicism but there isn't going to be a plausible legal route to do that. No, all these corporate stakes are just going to hang on bizarrely in the government until someone sells them off again.
Although, I guess, you can't really just dump a 10% stake in Intel overnight without causing problems, can you. Geez what a mess.
Re: Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
#7Earlier quoted context omitted.
I think you'll find the USG is only holding those shares temporarily and they will be transferred to ... someone ... just before January 20th, 2029.
I understand the cynicism but there isn't going to be a plausible legal route to do that. No, all these corporate stakes are just going to hang on bizarrely in the government until someone sells them off again. Although, I guess, you can't really just dump a 10% stake in Intel overnight without causing problems, can you. Geez what a mess.
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Re: Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
#8A big 50% transfer of specific companies is probably too aggressive and arbitrary, but it's time to start thinking about how public ownership can work. Perhaps something like, "every year, companies over some size threshold must dilute their shares by 1% and give the new shares to the USG"
Re: Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
#9Yet another completely un-implementable, insane take from someone who has accomplished very little in the way of legislation. I mean seriously? We're going to start to seize companies now? What even is an "AI" company? Google trains their own model? Are we going to seize Google? Give me a break. This is real life slop and would never get published if it weren't for the author's name.
[dead]
Re: Bernie Sanders: The Public Should Own Half of the Big A.I. Companies
#10Yet another completely un-implementable, insane take from someone who has accomplished very little in the way of legislation. I mean seriously? We're going to start to seize companies now? What even is an "AI" company? Google trains their own model? Are we going to seize Google? Give me a break. This is real life slop and would never get published if it weren't for the author's name.
> We're going to start to seize companies now?
already started by the current administration?