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

Its a discussion about IP ownership vs public domain.

For example:

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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.

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Wiki

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

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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.

Want ownership? Buy stock.