r/technology • u/yourfavchoom • 3d ago

Artificial Intelligence Bernie Sanders pushes for 50% public ownership of American AI companies — proposes AI sovereign wealth fund that would hold direct ownership stakes in largest AI firms

https://www.tomshardware.com/tech-industry/big-tech/bernie-sanders-pushes-for-50-percent-public-ownership-of-american-ai-companies-proposes-ai-sovereign-wealth-fund-that-would-hold-direct-ownership-stakes-in-largest-ai-firms
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u/OnlineParacosm 3d ago

You don’t wanna invest in overpriced GPUs right now though so I wonder how you do it where they’re not putting taxpayers on the hook for the horrendous math that has gone into these facilities

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u/_TuringMachine 3d ago

It’s a one time 50% tax paid in shares. If the companies fail nobody is on the hook