He wants to take 7 trillion dollars from AI companies. That’s what a sovereign wealth fund is, it’s when you take profits from a source, and store it to use on things like health care, wellfare, pensions, public transport, housing, infrastructure, ect.
The page says it’s a one-time tax… so which AI companies have that?
I would like to know how much would actually be in that fun right away rather than what it could maybe be. Valuations are skewed. We know this. Just look at WeWork.
He’s calling for a group under the current US president to have 50% of the stock of the AI companies… And only the AI (read: no-path-to-profit) part of those companies.
Is it normal to exclude the profitable part of the company?
I am very worried about this because AI lobbyists have done a great job of pushing politicians around. Bernie Sanders himself has accepted Eli Yudkowski, an AI doom cult leader, as a reputable source.
Profit motives tend to do bad things. Like the poison emissions caused by Grok data centers. Like the 2000 missiles launched with it too - remember those?
Why do you want the Trump administration to help Elon Musk make more profit all of a sudden?
man, bernie needs to hang it up, he’s drinking the kool aid
He wants to take 7 trillion dollars from AI companies. That’s what a sovereign wealth fund is, it’s when you take profits from a source, and store it to use on things like health care, wellfare, pensions, public transport, housing, infrastructure, ect.
Lol, good one, who actually thinks AI companies are profitable?
Can you show everybody here where that money will come from?
Is the money in the room with us right now?
The page says it’s a one-time tax… so which AI companies have that?
I would like to know how much would actually be in that fun right away rather than what it could maybe be. Valuations are skewed. We know this. Just look at WeWork.
It’s giving the government controlling ownership of the company.
They’re saying the values of the seized shares would be $7T
“Up to” is doing some heavy lifting there. Who the heck told Bernie there’s $14 trillion of AI stocks to take?
https://isaiprofitable.com/
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He’s calling for a group under the current US president to have 50% of the stock of the AI companies… And only the AI (read: no-path-to-profit) part of those companies.
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Is it normal to exclude the profitable part of the company?
I am very worried about this because AI lobbyists have done a great job of pushing politicians around. Bernie Sanders himself has accepted Eli Yudkowski, an AI doom cult leader, as a reputable source.
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A 50% government ownership in only the AI portion of company shares, you mean?
Wouldn’t the Trump administration then have an interest in making the share value go up for those companies?
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The problem is that the only way to make AI profitable is to be exploitative.
Also, I’m not sure why you think the US government would use it to benefit the people.
Profit motives tend to do bad things. Like the poison emissions caused by Grok data centers. Like the 2000 missiles launched with it too - remember those?
Why do you want the Trump administration to help Elon Musk make more profit all of a sudden?
Why are you painting that as a good thing?
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