/news/ — Trump to meet with AI companies on government profit share plan as soon as next week

The policy concept, first reported by NOTUS, has been floated by OpenAI, which issued a policy paper backing a public wealth fund, and broadly discussed by Anthropic and billionaire Elon Musk, who runs xAI. Sen. Bernie Sanders (I-Vt.), recently proposed a bill that would create a 50 percent government ownership in AI companies.

Though the ideas vary, the goal would be to give Americans an equity stake in AI companies to offset potentially historic disruptions from AI advancements to the job market and economy — though skeptics point to challenges in a government regulating an industry in which it is also invests.

Both OpenAI and Anthropic are bearing down on massive IPOs, valued at over $1 trillion each.

“As far as economics is concerned, we have certain things that aren’t that far apart. People are surprised,” Trump said when asked about Sanders’ support for an AI profit-sharing plan.

Trump’s former AI czar, David Sacks, an anti-regulation figure who recently played an influential role in temporarily halting the White House’s efforts to address increased cybersecurity risks from advanced AI models, came out against the idea of AI equity stakes Friday, calling it an acceleration of “the corporate-government fusion we’re already sliding toward.”

“Conservatives rightly fear a Central Bank Digital Currency. They ought to be even more concerned about Central Government AI — a system with even more totalistic power over information, decision-making, and human behavior,” Sacks wrote on X.

>Government profit share
That's code for more bribes for him to personally pocket.

>>1518479
>Corporations are people
>I open up 50k Vermont LLCs
>Gather 50,0001 AI dividends
>Live for free
don't dash my dream
i can live on the ai bubble

You need to turn a profit to share a profit. Good luck with that.

The plan is to have the government buy stock in these companies to help them stave off oblivion for another year since they're doing IPOs soon and if the stock price craters too fast these companies will go bankrupt sooner rather than later.

>>1518481
you will be stuck holding the bag of worthless stock when the AI bubble pops. the AI CEOs will golden parachute away.

Socialism is evil. Democrats are socialist. Vote for me so you don't slide into a socialist nightmare!

The government should own the means of production and distribution of goods and profits from AI companies.

As soon as I shit my daipers, all I need to do is find somebody in a red hat to lick me clean, thanks 4chan.

Now tell me about how bad Biden was.

>>1518447 (OP)
Nuclear power plants or this is all worthless

>>1518447 (OP)
>literal socialism
lmao

asinine. ass ape absurd as in dumb. absent

Curls:"say, Moe, you voted for dis guy tRump, didn't cha? torns out he's a real AI....Absent intelligence.... N'YUCK N'YUCK!"

Moe: "Shut yor trap before I murderize youse. you da real A.I. Ape Intelligence.

>>1518447 (OP)
>government giving freebies to citizens
Thank God that never happens in China or other totalitarian states anywhere anytime. Of course that would be needless under an actually economically and societal
>sound
nation but...

The Lizardmen were also concerned that baby Terminators would take over.

>>1518600
I'm not really sure what alternative you expect. We're very likely less than 20 years from global societal collapse. Wages aren't going up and they're not going to. Even if they did, there aren't enough jobs to go around and there aren't going to be. Even if they deported every shitskin and chink from the West, there still wouldn't be enough.

We're unironically in danger of tipping over onto the side of the scale where the vast majority of people alive have a direct and vested interest in tearing society down rather than building it up because our standards of living are slipping. If corporate isn't willing to negotiate with labor, or keep people employed, we do need to start trying out alternative measures for people to get paid so they can continue to consume the goods and services that keep the economy running. It may work and it may not, but I simply haven't seen anyone else coming up with any ideas, except some vaguely-defined UBI/AGI fever dream that's never going to happen and isn't even on anyone's table outside of science fiction. Moreover, we need to start trying alternatives right now, before the global economy collapses. China's demographic collapse is coming in about two decades, Russia's will hit in just five years, Europe will find they don't have a leg to stand on as soon as the US divests its interests because they're energy-negative in an age where the military can't roll without oil. It'll literally be total anarchy in the world for the first time in five thousand years if we don't course correct in a big way right now.

>>1518779
People died for weekends, some killed by police and even the military, on behalf of employers that didn't want to make concessions.

Time off, reasonable work conditions, and a living wage are terms we negotiated with the robber barons in exchange for not storming their homes, dragging their families out into the streets, and beating them to death.

They seem to have forgotten these terms.

I don't see how we're getting out of this without unrest. Historically major concessions only happen after existing power structures feared the consequences of refusing.