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Co-founder of Sun Micsosystems - US government could take 10% stake in public companies
Posted on 10/30/25 at 1:48 pm
Posted on 10/30/25 at 1:48 pm
US Could take 10% of all public companies to soften blow of AGI
I won't claim to know if this is a good idea or not. But expect more ideas like this to come about in the coming months/years if the AI jobs apocalypse is what some fear it could be.
quote:
Vinod Khosla has a bold vision for how society could be reconfigured to share the abundance created by AI technology. Speaking at the TechCrunch Disrupt 2025 conference on Tuesday, the Khosla Ventures founder suggested the U.S. government could take a 10% stake in all public corporations and redistribute that corporate wealth to the public at large.
As Khosla put it, the idea was spurred by President Donald Trump’s decision for the U.S. government to purchase a 10% stake in Intel. “When Trump bought 10% of Intel, I wondered if it wasn’t a good idea,” Khosla said onstage at Disrupt. “Take 10% of every corporation and put it in a national pool for the people. That’s really interesting. Just take 10% of every public company.”
AI leaders have explored universal basic income proposals in the past, most notably in OpenResearch’s extended study on cash payments, backed in part by Sam Altman. Still it’s rare for a prominent investor to so explicitly endorse a national stake in private industry. Khosla acknowledged the controversy onstage but said extreme proposals were necessary to sustain social cohesion through the disruption of artificial general intelligence.
I won't claim to know if this is a good idea or not. But expect more ideas like this to come about in the coming months/years if the AI jobs apocalypse is what some fear it could be.
13
Posted on 10/30/25 at 1:49 pm to Powerman
quote:
Sun Micsosystems
Posted on 10/30/25 at 1:50 pm to GumboPot
quote:
GumboPot
Me neither.
Posted on 10/30/25 at 1:51 pm to Powerman
You dont need the govt to start owning part of companies. Just tax on profit for AI displacement.
Posted on 10/30/25 at 1:52 pm to Powerman
Oh boy. Time to watch Roger and others argue in circles again.
Posted on 10/30/25 at 1:53 pm to Powerman
I admit I did not have Republicans pushing government ownership of the means of production on my Bingo card.
Posted on 10/30/25 at 1:54 pm to Powerman
Socialize the risk.....privatize the benefit if there is any.
The new attempt at The Grift.
The new attempt at The Grift.
Posted on 10/30/25 at 1:54 pm to Powerman
quote:
“Take 10% of every corporation and put it in a national pool for the people. That’s really interesting. Just take 10% of every public company.”
Yeah, frick all that. Government has no business in acquiring private companies.
Posted on 10/30/25 at 1:54 pm to Powerman
Then 15%
20%
30%
Oh look its going great
50%
100%
20%
30%
Oh look its going great
50%
100%
Posted on 10/30/25 at 1:56 pm to Powerman
quote:
I won't claim to know if this is a good idea or not.
I claim to know that it's absolute shite.
Posted on 10/30/25 at 1:57 pm to TDTOM
quote:
Oh boy. Time to watch Roger and others argue in circles again.
For once in your life, give your opinion.
Posted on 10/30/25 at 1:57 pm to Powerman
quote:
US government could take 10% stake in public companies
The free market is working so well that we should take it public! /s
Posted on 10/30/25 at 1:57 pm to GumboPot
quote:They were some big dogs many years ago when I was working in that arena.
Sun Micsosystems
Image Link
Posted on 10/30/25 at 1:57 pm to TDTOM
Says the socialist apologist.
Posted on 10/30/25 at 2:00 pm to blackinthesaddle
quote:
The free market is working so well that we should take it public! /s
I think that's the issue. The logic of the free market working out well for the people is coming to a very fricking abrupt end.
Posted on 10/30/25 at 2:00 pm to GumboPot
I do remember "toolbox for Java" that we had to implement on our AS/400 systems for whatever reason.
This post was edited on 10/30/25 at 2:02 pm
Posted on 10/30/25 at 2:04 pm to Flats
quote:
I claim to know that it's absolute shite.
What is your solution to deal with the possible elimination of almost all jobs?
Posted on 10/30/25 at 2:04 pm to BoomerandSooner
quote:I'm thinking one of systems ran RISC and if I'm not mistaken it was the Radiology system. I know we had some UNIX stuff but don't remember what. Much of what we had was still running on mainframe with an emulator for GUI. This was in the early 2000s I think.
I am do remember "toolbox for Java" that we had to implement on our AS/400 systems for whatever reason.
Posted on 10/30/25 at 2:05 pm to Powerman
quote:
The logic of the free market working out well for the people is coming to a very fricking abrupt end.
I think we should give it a try first before declaring it dead.
Posted on 10/30/25 at 2:06 pm to Decatur
quote:
Co-founder of Sun Micsosystems
quote:
I admit I did not have Republicans pushing government ownership of the means of production
See the problem? No. You won't.
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