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re: Bernie wants Americans to own 50% of the largest AI companies in America
Posted on 6/2/26 at 9:06 am to Henry Jones Jr
Posted on 6/2/26 at 9:06 am to Henry Jones Jr
quote:
But I am not an expert in this or how it would be implemented or if it’s even possible
Theres no need for checks to be distributed. Just make the datacenters build/provide their own power. They can be completely disconnected from the grid even, but I'd not advise this.
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Posted on 6/2/26 at 9:08 am to stout
Why 50% only Comrade?
Posted on 6/2/26 at 9:08 am to stout
quote:
I admit I initially defended Trump, but now that I see where Dems will take it,
This caught you off guard?
Hell, they may not need to "take it" anywhere because Trump may do it for them.
Posted on 6/2/26 at 9:09 am to Centinel
quote:
By "Americans" he means democrats.
And by "democrats" he means him.
Posted on 6/2/26 at 9:09 am to stout
quote:
Bernie wants Americans to own 50% of the largest AI companies in America
Since everyone (including OP) believes or once believed that AI will be taking everyone's jobs and there should be UBI, then this makes sense too. Especially since Trump and Democrats believe that the government should own a share in everything, why not?
Posted on 6/2/26 at 9:11 am to Centinel
If Bernoe is for it, I'll go ahead and assume that I'm against it without even looking at the details. I'll be correct 99% of the time.
Posted on 6/2/26 at 9:11 am to deuceiswild
quote:
If Bernoe is for it, I'll go ahead and assume that I'm against it without even looking at the details. I'll be correct 99% of the time.
If Trump adopts Bernie's policies, you'd be shocked how many who would normally have this stance violently defend Bernie's position
Posted on 6/2/26 at 9:15 am to SlowFlowPro
quote:
If Trump adopts Bernie's policies, you'd be shocked how many who would normally have this stance violently defend Bernie's position
Bernie, like a broken clock, can be right every now and then. I'm just assuming this isnt one of those times.
I am not familiar with how Trump fits into this, tbh. I am not caught up on news of intel stock or what it all means. I'm commenting on Bernie only. It's almost always safe to assume he's wrong.
Posted on 6/2/26 at 9:17 am to stout
quote:
Bernie wants Americans to own 50% of the largest AI companies in America
So, only nationalize half of them?
Posted on 6/2/26 at 9:18 am to SlowFlowPro
quote:
Making literal socialism a plank for the right would always end up energizing the left. It was incredibly retarded by Trump
Amen. It’s shocking to me how people got caught up in it though.
Posted on 6/2/26 at 9:19 am to Henry Jones Jr
quote:
If Americans got a monthly check for the profits those data centers create (no idea how this would happen) then for once I don’t disagree with Bernie. I’m against the fricking things but if you want to ensure Americans aren’t being taken advantage of in the deal to help offset the energy cost, this is one way to do it I guess.
In Alaska there is something called the Alaska Permanent Fund. The Alaska Permanent Fund is a globally recognized sovereign wealth fund established by a 1976 constitutional amendment to save a portion of the state's oil and mineral wealth. Valued at over $89 billion, it converts nonrenewable resources into renewable financial assets through globally diversified investments.
Each year the Fund as distributed anywhere from 300 dollars to 3,300 dollars residents of Alaska. Last year the amount was a 1,000 dollars.
Maybe states need to develop a Data Center Royalty Tax and create a fund like this in every state.
This post was edited on 6/2/26 at 9:22 am
Posted on 6/2/26 at 9:19 am to theballguy
quote:
Since everyone (including OP) believes or once believed that AI will be taking everyone's jobs and there should be UBI
I still think UBI is inevitable FWIW
Not saying I agree with it or even know how it will be implemented but I think it will happen in the future. Might be 10 years or it might be 50 but I think at some point it will be a necessary evil. We aren't there yet so no need to take over AI companies.
As a contractor I used to think even construction was immune but I have seen some things being worked on that make me question that.
One of the largest property preservation/foreclosure companies in the USA is buying robo mowers to avoid paying $78.26 biweekly to maintain a 1 acre lawn on vacant houses. Short of HUD (who reimburses this company) stopping it, that is more jobs gone. BTW, that company gets $175 from HUD for every grass recut and only pays out 50% of it as it is but that isn't enough and the robo mowers = 100% profit once they are paid off.
shite like that will compound IMO but I am not for hostile takeover of companies.
This post was edited on 6/2/26 at 9:21 am
Posted on 6/2/26 at 9:20 am to SouthMSReb
I mean he is a socialist. I think he really wants all of it he just thinks 50% sounds more palatable.
Posted on 6/2/26 at 9:20 am to The Baker
quote:
Its a lot more insidious under the surface… LLM’s scrape all of their copywrited content, “train on it”, regurgitate it back to readers who would’ve gone to the human articles/content otherwise. It is literal IP theft and there are no laws to hold it accountable. AI owners make billions off content they didnt create, and the content producers get unemployed.
You want to train on my data… you must buy it from me.
I have heard this argument, or something similar, quite a lot - and I do not understand it.
Are the LLMs not paying for content that a human has to pay for? In other words, stealing it? If so, that is already a crime, and these LLM owners should e prosecuted for it.
Or is the idea that they are legally reading the content, learning from it, and then using what they learned to respond? In that case, I am not sure what the problem is - that is exactly how humans use information. Penalizing a technology simply because it is faster, more efficient, etc. - seems dumb to me, but I could be persuaded otherwise, I guess.
Or is the criticism something else?
Posted on 6/2/26 at 9:22 am to stout
quote:
I still think UBI is inevitable FWIW
At that point, why is any kind of exchange medium even needed?
Posted on 6/2/26 at 9:25 am to UtahCajun
quote:
At that point, why is any kind of exchange medium even needed?
Elon has said numerous times that money won't matter because things will be so cheap.
I think if that's the case, society could face a real collapse. Men are biologically hardwired to provide so there will be a lot of pent up aggression or men will have to rewire their natural biological programming
This post was edited on 6/2/26 at 9:27 am
Posted on 6/2/26 at 9:32 am to stout
Yep. It's that David Lowery....
Loading Twitter/X Embed...
If tweet fails to load, click here. quote:
So by giving the state (not the people-look at the details) a 50% stake in these companies wouldn't this effectively fuse the interests of the state and the AI companies? I mean if you really wanted to redistribute wealth wouldn't you give citizens direct ownership in these companies without the state as intermediary?
But what do I know. Probably nothing bad will happen.
This post was edited on 6/2/26 at 9:33 am
Posted on 6/2/26 at 9:35 am to stout
quote:
I think if that's the case, society could face a real collapse. Men are biologically hardwired to provide so there will be a lot of pent up aggression or men will have to rewire their natural biological programming
I agree on the collapse. Your point does have merit. I think scarcity plays a bigger role since nothing is infinite. Unless of course, the political class uses strongarm tactics to ensure no one gets more than "their share"
Posted on 6/2/26 at 9:36 am to stout
AKA he sees a way he can skim money off of it like he does everything else.
Posted on 6/2/26 at 9:36 am to JimEverett
quote:
Are the LLMs not paying for content that a human has to pay for? In other words, stealing it? If so, that is already a crime, and these LLM owners should e prosecuted for it.
Yeah Trump is totally going to use the DOJ to go after Grok instead of E Jean Carroll.
The main problem is the models only need to ingest the data once. So even if they do pay for it, a one time payment and they get the benefit of the content/art/writing/you name it forever.
Licensing agreements with every piece of created material ever made? ChatGPT would be $100k a month. They stole it, then cozied up to Trump to make sure they were cool. Why do you think all the tech guys were at the inauguration?
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