4 ms·

Donald Trump says US may take equity stakes in AI companies

21 points by root-parent 4mo ago

root-parent 4mo ago
Related... "Nasdaq tumbles 4% as shares in chip and memory groups sink" - https://www.ft.com/content/2929bbd3-1f71-4424-a577-f016c3c65603~ https://www.ft.com/content/2929bbd3-1f71-4424-a577-f016c3c65... "Nasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb" - https://www.bloomberg.com/news/articles/2026-06-04/asian-stocks-poised-to-edge-lower-oil-steadies-markets-wrap https://www.bloomberg.com/news/articles/2026-06-04/asian-sto... "Sanders: Give public 50 percent stake in AI companies" - https://thehill.com/policy/technology/5906140-sanders-ai-ownership-wealth/ https://thehill.com/policy/technology/5906140-sanders-ai-own...
- mullingitover 4mo ago
  All the market news today is because a strong jobs report dropped, which shuts down any notion of rates going down. This of course seriously hampers casino operations.
throwerofways67 4mo ago
This would be good for ai development, right? It would disincentivize excessive regulation on ai as the government has a stake it it... On the other hand it might make it more attractive to lock out open source as that threatens profits. What do others here think?
- root-parent 4mo ago
  "OpenAI says it will comply with Trump’s order requiring AI model reviews before release" - https://www.cnbc.com/2026/06/05/openai-trump-ai-model-review-order.html https://www.cnbc.com/2026/06/05/openai-trump-ai-model-review... Prepare for ChatGPT 5.6 to be totally against windmills...
  - throwerofways67 4mo ago
    I don't understand this reference... And this EO is like not as bad as it could be if you look at the laws others are proposing, right?
    - nosioptar 4mo ago
      Trump has a history of complaining about windmills that appears to originate with Scotland building wind turbines next to his golf course. https://www.bbc.com/news/articles/c15l3knp4xyo https://www.bbc.com/news/articles/c15l3knp4xyo
yepyoukno 4mo ago
Hold on now, are both Bernie and Donald both saying the same things? Next point, are Trump supporters who criticized Sanders swinging this in positive light?
xrd 4mo ago
Do they pinky promise not to bail out their investments with taxpayer dollars?
- nosioptar 4mo ago
  Of course not, politicians only make promises with their middle finger extended. I share the concern. If were going to use tax dollars to bail someone out, it should be bailing out taxpayers rather than greedy parasites.

21 points by root-parent 4mo ago

Related... "Nasdaq tumbles 4% as shares in chip and memory groups sink" - https://www.ft.com/content/2929bbd3-1f71-4424-a577-f016c3c65603~ https://www.ft.com/content/2929bbd3-1f71-4424-a577-f016c3c65... "Nasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb" - https://www.bloomberg.com/news/articles/2026-06-04/asian-stocks-poised-to-edge-lower-oil-steadies-markets-wrap https://www.bloomberg.com/news/articles/2026-06-04/asian-sto... "Sanders: Give public 50 percent stake in AI companies" - https://thehill.com/policy/technology/5906140-sanders-ai-ownership-wealth/ https://thehill.com/policy/technology/5906140-sanders-ai-own...

mullingitover 4mo ago
All the market news today is because a strong jobs report dropped, which shuts down any notion of rates going down. This of course seriously hampers casino operations.

throwerofways67 4mo ago

This would be good for ai development, right? It would disincentivize excessive regulation on ai as the government has a stake it it... On the other hand it might make it more attractive to lock out open source as that threatens profits. What do others here think?

root-parent 4mo ago
"OpenAI says it will comply with Trump’s order requiring AI model reviews before release" - https://www.cnbc.com/2026/06/05/openai-trump-ai-model-review-order.html https://www.cnbc.com/2026/06/05/openai-trump-ai-model-review... Prepare for ChatGPT 5.6 to be totally against windmills...
- throwerofways67 4mo ago
  I don't understand this reference... And this EO is like not as bad as it could be if you look at the laws others are proposing, right?
  - nosioptar 4mo ago
    Trump has a history of complaining about windmills that appears to originate with Scotland building wind turbines next to his golf course. https://www.bbc.com/news/articles/c15l3knp4xyo https://www.bbc.com/news/articles/c15l3knp4xyo

yepyoukno 4mo ago

Hold on now, are both Bernie and Donald both saying the same things? Next point, are Trump supporters who criticized Sanders swinging this in positive light?

xrd 4mo ago

Do they pinky promise not to bail out their investments with taxpayer dollars?

nosioptar 4mo ago
Of course not, politicians only make promises with their middle finger extended. I share the concern. If were going to use tax dollars to bail someone out, it should be bailing out taxpayers rather than greedy parasites.