But such an arrangement could also pose novel governance challenges, given the complications of the U.S. trying to effectively regulate something it partially owns, while also arguably increasing the incentives for a federal bailout.
“We should not take ‘tip money’ but force them to cough up 50% of the equity — to be dispersed to American citizens.” (Steve Bannon)
Couldn’t be a more obvious bailout.
Brazil recently had a similar situation with a bank (Banco Master) that wasn’t being as lucrative as it actually told investors, effectively running a pyramid scheme. Since the owner of said bank, Daniel Vorcaro, easily became friends with high ranking politicians, he easily got state govts and pension funds to buy his shit, which he used to pay some older investors.
The entire shit came crumbling down after a state bank, BRB, who already had a lot of money invested in Master, tried to buy his bank, the local congress denied that, then state governor insisted on the
bailoutbuyout, at which point regulating agencies finally took their time to look into the situation and noticed that, oh no, there was no money there! Shit blew way out of proportion because Vorcaro seemed to be “close friends” with many politicians, all of which used govt agencies and companies to “invest” into the bank.Sam Altman, the CEO of OpenAI, has discussed the idea with senior Trump administration officials periodically since the president began his second term, said two of the sources
Of course the idea came from Altman, he knows OpenAI is not going to be profitable at fucking all
discussions have centered on having the firms voluntarily cede the shares to the government, the people said. The returns on the investment could then be directed to public purposes, one of the people said, such as distributing a dividend payment to all American households.
Someone explain to me how do you pay dividends when you’re not profitable
The public seizing the means of production? Why that’s communism!
Pre-planning the rescue operation
Yeah. This is nationalization and a bailout with extra steps.
Best case the government gets a “dividend” kickback for tech it “owns” but is controlled by private industry while citizens get sent to jail for disobeying the same system their taxes fund.
This is the prisoners paying for the jail infrastructure. Your tax dollars along with your savings and pension will now finance the buildout of your very own Stasi style surveillance prison!
Truly streamlining the process by preemptively starting the bailout, huh
Called it.
First step to bailing them out from their astronomical expenditures that can’t pay for themselves. Because they want to plant an llm in our assholes. Sorry to be crass, I am watching old south park episodes and it’s wearing off on me.
Sirs I gots to check yo asshoe.
The dumbest fucking bailout in US history.
I feel like we’re very much in the territory the U.S. population should start getting armed (if they are not already), and learning how to safely use, maintain, and store their firearms.
When the workforce finally does mass protest, it should have the means to defend itself from the unconstitutional violence the state is going to use against them.
There are more firearms than people in the US. The problem is the vast majority of them are owned by people who are cool with how the government is being run at the moment. Even if they weren’t, our government is perfectly capable of drone strikes. We the people are outgunned.
We are not outgunned. They can’t drone strike their workforce and still project power, that’s always a silly point to me. Also, not all military personnel will giddily bomb their own country. An armed rebellion situation will be really messy. Insurgencies don’t need to outgun the regime they’re against, they need to outlast and make the costs too big to stomach.
You’re right more right wingers own guns. My point is it’s time more left wingers own guns. No reason to have a pathetic defeatist attitude.
We are outgunned. Believe me the government spends more on military spending than it does on literally anything else. Our military industrial complex is extremely well funded.
If you don’t think about how people work, you assume that people are willing to take a bullet in order to rebell. What you lack understanding of is that they hold the threat of the use of their fire power over the vast majority of us and all it will take to quell the kind of rebellion you’re talking about is for them to sacrifice a single moderate sized city. They level a city and I can pretty much guarantee that people will back down.
Think about what happened when the BLM protests were happening. There were absolutely calls for violence from BLM leadership. The vast majority of people involved in those protests didn’t want violence and most of them didn’t want damage to property (even in left leaning parts of the population).
At the time I reminded people that you can’t have a rebellion without damage to property and the death of people. Real change almost never happens that way when you’re dealing with a fascist regime.
People did not want to hear it then and they don’t want to hear it now. They are not going to get trained and armed because that is too real. That is escalates this to what amounts to civil war and almost none of them are so attached to the idea of freedom and liberty from oppression that they are willing to go that far.
They’re worried about the Walgreens down the street or the target or whatever it is that gives them quality of life. They’ve never seen an active war zone and they literally don’t have any comprehension of even the idea of what a large military strike looks like when it’s happening to you.
So don’t tell me they’re going to grab their guns and fight the government. It’s likely they won’t even get that far.
January 6th involved less than 3000 people and the only reason they weren’t repelled with prejudice is because the idiot in chief ordered capital police and officials to stand down.
And for the record, the rich and powerful will absolutely just leave and nuke us from orbit. They have that ability. They don’t need to stick around.
Ok; I can see you’re locked into lazy defeatism. I won’t disturb you anymore!
I have a question. How do you organize 23.1 million people across 3,796,742 sqare miles of territory when the government just has the ability to jam communications?
What are the logistics of getting food and clean water to 340,000,000 people over that amount of territory? Whose going to do that?
How many people are stocking dry goods, know how to build and sustain a fire for heating and cooking, and own even a rudimentary generator? If you’re talking about armed rebellion there’s a lot that goes into it and when you get right down to it the government holds the keys to quite a lot of stuff.
What stops all those people who don’t oppose the government and will fight you from stymying every armed rebellion we manage to orchestrate?
You are someone who doesn’t think about the scale of what you are suggesting or the logistics. It’s nice to have the aspirations but you really gotta figure this stuff out before you suggest people get armed for something they also don’t understand the scale or logistics for.
This isn’t about defeatism. This is a reality check. If you don’t know the capabilities of your government you don’t know what you’re talking about. It’s clear to me that you don’t and you haven’t thought about this.
Movies do not teach you how long rebellions take or that it’s not about individual battles but about the ability to logistically survive to keep fighting. Your comment comes off as if you expect this to be a singular battle. It won’t be.
There are better ways to oppose a government that is acting against the population than to try direct violent force.
Doesn’t sound like free capitalismm
While planning is ongoing and details are in flux, discussions have centered on having the firms voluntarily cede the shares to the government, the people said. The returns on the investment could then be directed to public purposes, one of the people said, such as distributing a dividend payment to all American households.
I don’t believe either of these two assertions has any chance of happening.
But such an arrangement could also pose novel governance challenges, given the complications of the U.S. trying to effectively regulate something it partially owns, while also arguably increasing the incentives for a federal bailout.
Even if by some miracle the US has “shares” of the companies not paid for by tax dollars, it creates an anti-regulation incentive, forcing the public’s interest to align with the AI companies’, which is going to be worth at least whatever we would have paid to those AI companies.
It starts with “they are giving up the shares voluntarily,” then three months later Mike Johnson introduces the Artificial Intelligence Secure from Terrorism United Patriotic Information Delivery bill (AI-STUPID) that authorizes the emergency purchase of 16 Trillion US Dollars of AI shares on taxpayer dime. 14 go to the AI companies, 2 will water the swamp.
The White House Ballroom is the blueprint, and itself it is the brain child of the Mexican Safety and Security Border Wall.
The takeaway here, the Administration is Communist.
It’s well-understood that Altman, et al are running a scam and LLMs have limited capacity to produce anything at the same cost as a human worker. The longer this grift continues, the worse it becomes.
gotta inflate those ipo so everybody (that they choose) ‘wins’.
They are going to reorganize when the assets and liabilities collide in the next recession, and current investors that aren’t connected are going to get robbed.
Was this what caused the sell off (showing weakness needing a bailout) or in response to it?
