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

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Those poor AI companies!!!

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It's pretty well known that AI companies used copywrited data to train their models.

It's not theft for the public to claw back from AI companies

This would be very very bad.

Bad scenarios:
1. Government owns decision making powers which would at best result in poor management, inefficiency, and bureaucracy. But very likely would be used for corruption, politicians forcing family owned consultants and vendors in order to enrich themselves.

2. Budgets would be dependent on the those companies which means a recession in tech industry would magnify the affect on IRS collections.

3. Businesses that do poorly over time would so greatly affect IRS collections that it would most likely result in protections for those companies which means tech to big to fail. Which would ultimately start killing startups and new companies from competing, which would diminish our tech competitive advantage.

4. If there is corruption or fraud at that company there would be a de-incentive for the government to investigate and prosecute.

Now maybe you could say that the U.S. could start a sovereign wealth fund and invest in some of these companies, but it should be limited to 10-20% effectively restricting how much the government could influence a company. Even still, I think a U.S. sovereign wealth fund should be banned from individual company investments.