The devil is VERY much in the details here - the US Gov taking an equity stake in an AI company does NOT easily translat...

The devil is VERY much in the details here - the US Gov taking an equity stake in an AI company does NOT easily translate into a “universal high income” for all Americans. One Example: How do you pay all Americans from an equity stake when 1) these are not public companies, and 2) they do NOT make profits - $$$. Traditional taxation and regulation tools are fully capable of working here and may avoid multi-layered hoop jumping and multiple conflicts of interests. Good Read: https://www.lawfaremedia.org/article/scaling-sovereign-wealth--evaluating-mechanisms-for-the-u.s.-government-to-own-parts-of-ai-companies #AI #SovereignWealth #USGov #EquityStake #Investing #AIRegulation #SovereignFund #AIPolicy #UniversalBasicIncome #Ownership #CommonStock #Taxation #Regulation #Anthropic #OpenAI #PublicBenefitCorporations

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