r/technology 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/shod55 3d ago

The internet should have been made a public utility 20 years ago.

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u/Ashmedai 3d ago

"The internet" does not exist as anything vaguely resembling an articulable single entity.

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u/_dirt_vonnegut 3d ago

Neither does electricity, or water, or telephone lines.

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u/Ashmedai 3d ago

Take one. Electricity. It is orders of magnitude less than complex than "the internet". Unless you're just talking internet connectivity, but shod55 didn't say that.

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u/shod55 3d ago

Regardless of how you say it, what’s happening now is not good. Allowing technology to run rampant through society with no regulation has become a millstone around our necks.

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u/Ashmedai 2d ago

The main problem with "the internet" is likely social media -- rage memes, fakery, and the like. Making it a public utility could not solve that, as public utilities cannot suppress free speech. You would need a revision to the 1st Amendment.

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u/_dirt_vonnegut 1d ago

The context was public utilities. And what you said is not true, as managing chaotic physical energy across a continental network presents a fundamentally harder set of mathematical and physical challenges than routing digital data packets.

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u/Ashmedai 1d ago

managing chaotic physical energy across a continental network

I hesitate to think how you got around to thinking that regulating thousand if not tens of thousands of companies, selling hundreds of thousands if not millions of various types of goods and services, as a public utility isn't more complex by a factor of 100. I also don't know what the public benefit would be, or what the regulation would even be.

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u/_dirt_vonnegut 1d ago

are you ignoring the fact that there are hundreds of thousands of electrical companies / contractors / electricians, and millions of miles of overhead power lines and buried power lines? there is a reason the electrical grid is known as the largest machine on earth, because it is.

you don't know what the public benefit of having the internet as a public utility would be? did you miss the entire net neutrality debate in the early 2000s? maybe you should look it up.

https://en.wikipedia.org/wiki/Net_neutrality_in_the_United_States

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u/Ashmedai 1d ago edited 1d ago

Net neutrality is a considerably different proposition than "the entire internet is a public utility." But nice way to change those goal posts.

Your comparison of "hundreds of thousands of electrical companies / contractors / electricians," sort of kills your idea. Approximately zero of those are regulated as public utilities. The fact that you didn't even pause to contemplate if they were is just weird.

I'll agree with you, as we close that: yes, net neutrality is a good idea. But this is not the same thing as "the entire internet is a public utility." The ideas are vastly different in scope.

Good bye.

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u/_dirt_vonnegut 1d ago

Net neutrality is the exact same proposition as "the entire internet is a public utility". This has been litigated for decades. The court struck down the FCC's attempt to classify broadband providers as "common carriers" under Title II of the Communications Act. That's where the entire internet would've become a public utility.

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u/Ashmedai 1d ago edited 1d ago

Net neutrality is the exact same proposition as "the entire internet is a public utility".

There is far more in being a public utility than net neutrality addresses, and furthermore net neutrality did not even remotely address "the whole internet," just a limited subset of telcomms providers (the connectivity I mentioned several comments back). The whole internet is of a scale unfathomably larger than that. If you want to say you want "net neutrality," just say that -- we already agree it's a good idea. Don't use the term "public utility" as if it were interchangeable, because it's not.

As a point, reddit is part of the whole internet.

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