politics @lemmy.world · 2 months ago

Bernie Sanders proposes bill to give the public a 50% stake in AI companies

mashable.com

cross-posted to:
technology@lemmy.world

Bernie Sanders proposes bill to give the public a 50% stake in AI companies

mashable.com

FoxtrotDeltaTango@sh.itjust.works to

politics @lemmy.world · 2 months ago

cross-posted to:
technology@lemmy.world

Bernie Sanders AI bill would give public half of the AI industry

mashable.com

The senator's forthcoming American AI Sovereign Wealth Fund Act would reshape who profits from artificial intelligence.

cross-posted from: https://lemmy.world/post/47646413

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2 months ago
Companies will always spend away profits to a neg zero. A company doesn’t care if it’s rich. A profit tax will just evaporate into random R&D projects they spun up in the final quarter.

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