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re: Bernie wants Americans to own 50% of the largest AI companies in America

Posted on 6/2/26 at 10:00 am to
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481095 posts
Posted on 6/2/26 at 10:00 am to
quote:

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.

This is the issue. Many sites can thwart AI scrollers and there are licensing agreements between huge content providers and AI companies.

Google licensing Reddit content was huge.

I don't think Quora has licensed its content yet, but it will be very valuable
Posted by mule74
Watersound Beach
Member since Nov 2004
12950 posts
Posted on 6/2/26 at 10:17 am to
Steve Bannon agrees with him.
Posted by The Baker
This is fine.
Member since Dec 2011
20670 posts
Posted on 6/2/26 at 10:24 am to
Its a discussion about IP ownership vs public domain.

For example:
quote:

From January 1, 1982, to January 1, 1994, published works from 1906 to 1918 entered on a yearly basis following the end of their seventy-five year term. Published works from 1922 entered on January 1, 1998. Later in 1998, Congress passed the Copyright Term Extension Act which further revised the total terms to ninety-five years from publication for corporate authorship, and life plus seventy years for individual authorship. All other nuances of last surviving author remained.

Wiki


quote:

Or is the idea that they are legally reading the content, learning from it, and then using what they learned to respond?


I think the key is that they're not just responding but selling it while displacing the creators at the same time.

If I take the paper on special relativity and rewrite it in my own words and try to publish... I wouldnt be able to and I am not all of a sudden Albert Einstein. This is the analogy.

Or if I'm a brick and mortar retail store... and a robot breaks in and takes all my inventory, distributing it to different stores in bigger markets... the police will tell me it can't do anything because there are no laws on the books for arresting robots.


Or in my field... I perform engineering simulations which are time intensive and compute intensive ($$$). I may have a large database of results that a ML algorithm could use to infer a simpler quicker solution... Do you think it has a right to that data without compensation? or would you expect the owners of the algorithm to buy my data for training?

All I'm saying, is if billion dollar AI companies compensate data producers, a lot of these pain points will diminish... and it'll be a much healthier eco-system... a data producer economy could emerge.
This post was edited on 6/2/26 at 10:27 am
Posted by Stat M Repairman
Member since Jun 2023
3100 posts
Posted on 6/2/26 at 10:28 am to
quote:

Bernie wants Americans to own 50% of the largest AI companies in America


Read as the "global-marxists" want leverage to control the content generated by AI."
Posted by how333
Member since Dec 2020
4562 posts
Posted on 6/2/26 at 10:28 am to
Want ownership? Buy stock.
Posted by HughsWorkPhone
Member since Sep 2017
1488 posts
Posted on 6/2/26 at 10:34 am to
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.


If you are already cutting their margins in half they will just double the price.

If they can’t double the price (if 50% went to the public) to make what they need they just won’t do it all.

If the government subsidizes it so they can collect our data then they will just tax it out of us

There is no such thing as free money
This post was edited on 6/2/26 at 10:36 am
Posted by The Baker
This is fine.
Member since Dec 2011
20670 posts
Posted on 6/2/26 at 12:06 pm to
quote:

Why do you think all the tech guys were at the inauguration?


it was strange bed fellows for sure. Now it makes sense based on what you just said.
Posted by jrobic4
Baton Rouge
Member since Aug 2011
13559 posts
Posted on 6/2/26 at 12:08 pm to
Atlas Shrugged was not dystopian or allegory. It was prophecy
Posted by Penrod
Member since Jan 2011
57122 posts
Posted on 6/2/26 at 12:12 pm to
quote:

Bernie wants Americans to own 50% of the largest AI companies in America

That’s a great way to ensure that America would have zero large AI companies.
Posted by ColoradoAg
Colorado
Member since Sep 2011
28126 posts
Posted on 6/2/26 at 12:15 pm to
Bernie is an idiot. I'm sure it will all be "free" to all the liberals out there
Posted by LittleJerrySeinfield
350,000 Post Karma
Member since Aug 2013
11430 posts
Posted on 6/2/26 at 12:17 pm to
quote:

So you are saying you want Americans to control the means of production?


It's not the mean of production. They are storing and using our data.
Posted by jrobic4
Baton Rouge
Member since Aug 2011
13559 posts
Posted on 6/2/26 at 12:18 pm to
Who is John Galt?
Posted by atlgamecockman
Nola
Member since Dec 2012
4546 posts
Posted on 6/2/26 at 12:51 pm to
They were there because they donated to Trump so he wouldn't go after them. This is the kind of shite that makes people call Trump corrupt. Pay for play. 100% all the time.

The only question Trump asks people is "What's in it for me?"

Just go look at who he's pardoned! And the serious crimes and frauds they've committed swept away because they donated to him in some form or fashion.

It's the height of cronyism.
Posted by NIH
Member since Aug 2008
124266 posts
Posted on 6/2/26 at 12:53 pm to
How much should the stake be? What other industries should the public have a stake in? Explain
Posted by Bamafig
Member since Nov 2018
6763 posts
Posted on 6/2/26 at 1:08 pm to
Let’s be honest, Bernie doesn’t really want Americans to own anything.
Posted by OTIS2
NoLA
Member since Jul 2008
52704 posts
Posted on 6/2/26 at 1:09 pm to
I yearn for the past when we imprisoned communists instead of awarding them with a senate seat.
Posted by Powerman
Member since Jan 2004
175393 posts
Posted on 6/2/26 at 1:10 pm to
quote:

By "Americans" he means democrats.

Definitely not.
Posted by Sofaking2
Member since Apr 2023
21967 posts
Posted on 6/2/26 at 1:10 pm to
quote:

And he means control. Because that’s what Democrats want. Control.

If Democrats(Socialists) had their way we’d have a social credit score for every person in this country(like China) yesterday and they’d be in charge of it.
This post was edited on 6/2/26 at 1:11 pm
Posted by Powerman
Member since Jan 2004
175393 posts
Posted on 6/2/26 at 1:12 pm to
quote:


If these companies are publicly traded, Americans will own 100% of them, so what's the problem Bernie?


Pure stupidity
Posted by BrianKellysbuyout
Member since Nov 2025
1912 posts
Posted on 6/2/26 at 1:13 pm to
In it's simplest form, I could get on board with this. It's the unintended consequences that I have issue with.
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