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So buying out the early investors and dumping the overvalued stock on retail and pension funds to hold the bag.
by rvz 5mo ago
So buying out the early investors and dumping the overvalued stock on retail and pension funds to hold the bag.
- erentz 5mo agoIt’s a tax. So the government wouldn’t be buying anything. OpenAI (for example) would need to issue 100% new shares and give them to the government to hold in this new sovereign wealth fund. This the new sovereign wealth fund holds 50% of the company. I don’t know how you decide what companies are targeted though. OpenAI/Anthropic are pure AI plays. But what about an AMZN or AAPL that have AI as only a part of their business.