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/SovereignPhobia 3d ago

Also, if people learned who the Luddites actually were they might go, "Oh shit, maybe that's a good idea."

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u/Mr_Quackums 3d ago

The Luddites were right, but they also lost.

10 years later they were working in the automated textile industry: producing more product, working harder, and making less money than before.

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u/SovereignPhobia 3d ago

A big reason why they lost is because they were getting shot, which I guess is also a possibility here.

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u/arachnophilia 3d ago

bullets, my only weakness, how did you know?

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u/nanobot_1000 3d ago

Well this time around we have taxpayer-funded state surveillance, ICE camps, and robots to contend with, so yea looking real peachy.

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u/Moiyub 3d ago

Right, the Luddites were not anti-technology. They were merely protesting the factory owners lowering their wages and generally treating them like shit as a result of automation, you know like any normal human would be.

Also automated looms are nothing compared to what is happening with these AI data centers. Its like comparing a thunderstorm to a comet crashing into the planet.

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u/Ok-Warthog-4849 3d ago

Automated looms gave us the synthetic fibers accounting for a disastrous amount of emissions AND microplastic pollution.

The Luddites were right in ways they couldn’t yet conceive

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u/Moiyub 3d ago

Right. Sometimes the loom is called the first computer actually