9 pointsby timmg4 hours ago4 comments
  • tmvphil3 hours ago
    A 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"
  • red-iron-pine2 hours ago
    how much you wanna bet this gets traction right as the bubble is about to pop?
  • richwater3 hours ago
    Yet 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.
    • postflopclarity2 hours ago
      > We're going to start to seize companies now?

      already started by the current administration?

    • daveshistory3 hours ago
      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..."

    • segfaultpoet2 hours ago
      [dead]
  • postflopclarity4 hours ago
    Don'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

    • damnitbuilds4 hours ago
      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.
      • daveshistory3 hours ago
        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.

        • red-iron-pine2 hours ago
          since when has "plausible legal route" meant anything in the past 12 months?
        • damnitbuildsan hour ago
          Someone could make a decent amount by buying a short the day before the dump...
        • postflopclarity3 hours ago
          [dead]