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Chronicles

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Sources: US officials discussed the US taking stakes in major AI companies after Sam Altman pitched the idea in 2025; Altman met Bernie Sanders on Wednesday

The talks have been with artificial-intelligence leaders such as OpenAI CEO Sam Altman, who pitched the idea

Wall Street Journal

Discussion

  • @mgsiegler M.G. Siegler on x
    Couple months back... https://spyglass.org/... [image]
  • @jstein_star Jeff Stein on x
    Wall Street Journal confirming our reporting today, with some new details that gov shares in OpenAi could go to Trump account-type program by @AmrithRamkumar & co [image]
  • @adamthierer Adam Thierer on x
    I see the idea of AI socialism is back in the news again today. I'll just reiterate what I've said here many times before: The idea of nationalizing AI - whether “hard” (complete govt ownership) or “soft” (equity stakes) nationalization - should be rejected in all its forms. It
  • @jstein_star Jeff Stein on x
    SCOOP: US officials have had talks about having government acquire shares in AI giants, sources say Altman has discussed w/ senior officials, including Trump. Did again recently May be *ceding* shares to USG - not a purchase Shares could go 2 dividend https://www.notus.org/...
  • @anton_d_leicht Anton Leicht on x
    if this is how the US tries to solve the inequality and revenue challenge, that's really bad news. if it actually works, it's the ultimate regulatory capture, interweaving the US budget and the AI labs' fate. talk about an incentive for backstops and regulatory concessions!
  • @anton_d_leicht Anton Leicht on x
    among redistributive solutions, this direct stake concept is uniquely hard to internationalise. USG won't want other countries crowding in, shares are expensive and labs have no incentive to cease them. if this solves redistribution in the US, it pulls up the ladder right after.
  • @petereharrell Peter Harrell on x
    Government equity in the AI companies strikes me as the wrong approach. The government should tax and regulate them, and potentially distribute the taxes as a dividend. But ownership risks giving the gov't control outside of public view and potentially the wrong incentives.
  • @danieldbunn Daniel Bunn on x
    I don't like the government getting involved in picking stocks. Even if they get the shares for free.
  • @noahpinion Noah Smith on x
    Honestly this is good
  • @sidprabhu Sid Prabhu on x
    This is the road to techno-fascism. These companies will use this to prevent competition, harness all our data and make themselves too big to fail. They will become Big Brother.
  • @danprimack Dan Primack on x
    This is basically the Bernie proposal. Really never expected that electing Trump would push U.S. govt so far toward actual socialism (not even a judgment call — just surprise).
  • @robertgraham Robert Graham on x
    This means “confiscating” part of the company rather than investing in the company. This is an extraordinarily bad idea that's only been proposed by socialists (Bernie Sanders and Donald Trump).
  • @jimstewartson @jimstewartson on x
    They're trying to guarantee their own survival by giving Trump motivation to bail them out when they need hundreds of billions of dollars. This is some East India Trading Company shit. The broligarchy is attempting a hostile takeover.
  • @wowbaggert @wowbaggert on bluesky
    Guy whose company is floundering pitches idea for government to give them giant bags of money.  US officials, who are tech stupid and gullible, consider the idea.  [embedded post]
  • @chairmankefka Chairman Kefka on bluesky
    Lol already becoming state owned enterprises?  —  Can't wait to hear MAGA continue to message how much of a danger communism is [embedded post]
  • @davidsacks David Sacks on x
    While I'm no fan of socialism or arbitrary confiscations of wealth, I can see why Bernie Sanders' proposal (for the government to take a 50% stake in AI companies) resonates, including with many on the right. The CEOs of the leading AI labs have told us repeatedly that they will
  • @berniesanders Bernie Sanders on x
    I will soon be introducing a bill to give the public a 50% ownership stake in the largest AI companies in America. This would guarantee that the trillions created by AI are used to improve the lives of all of us — and block oligarch decisions that harm the American people. [video…
  • @jakesherman Jake Sherman on x
    The Trump-Bernie Sanders plan.
  • @josh_wingrove Josh Wingrove on x
    (Bloomberg) — President Donald Trump expressed interest in the US government holding equity stakes in leading artificial intelligence developers, saying that he planned to discuss the idea of a partnership with AI companies' executives as soon as next week.
  • @danprimack Dan Primack on x
    If every company soon will be an AI company to some extent, much like every company became an Internet company to some extent, is the US government gonna take equity stakes in all of them?
  • r/neoliberal r on reddit
    Trump administration, OpenAI discussing possible government stake in the AI startup
  • r/wallstreetbets r on reddit
    US administration discussing government stake in OpenAI