OpenAI proposes handing Trump administration 5% stake(www.ft.com)
26 pointsby enraged_camel7 hours ago6 comments
  • pu_pe2 hours ago
    > The proposed arrangement would involve other US AI companies handing over a similar stake, although it is not clear if the other labs would be willing to do so.

    They will be willing to do so if the government threatens to block their models, which they have already done.

    I wonder to which extent this has always been how things worked and it was just hidden from the general public, and how much of it is a new level of corruption.

  • ben_w6 hours ago
    Despite how I think "government owns shares in all businesses" is a perfectly decent way to organise taxation, manage national security concerns, fund UBI, etc., with this government in particular it reeks of cronyism.

    It's not like Altman's teflon coating has been remaining intact, neither.

  • andsoitis6 hours ago
    Altman, chief executive of the ChatGPT maker, has argued that giving the public a financial stake in the company is the best way to share the upside of AI

    Nothing is free. What are the strings?

  • andsoitis6 hours ago
    This is much less than the 50% that Bernie Sanders wants.
  • vlian20886 hours ago
    next up: open weight models are extremely dangerous to our democracy :)