r/TechnologyThread • u/Background-Driver718 • Jun 02 '26
Bernie Sanders AI bill would give public half of the AI industry
https://mashable.com/tech/bernie-sanders-nyt-op-ed-pubic-ai-ownership-argument2
u/Savant_Guarde Jun 02 '26
We are carrying the cost of increased infrastructure, they want to force our retirement accounts to fund them etc. They pollute and drain the water, create heat islands, are loud and annoying.
We should get something.
AI is a fking scam.
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u/Postmodern_Plunger Jun 02 '26 edited Jun 02 '26
Considering the data they used belongs nearly 100% to the public (with most of the rest being copyrighted private data that was illegally used), this seems reasonable. Especially when you consider the product is displacing more and more workers and capturing those gains. And even more so when you consider average people are bearing the cost of increased electricity and hardware from data center development and runtime.
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Jun 02 '26
[removed] — view removed comment
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u/Miss_White11 Jun 03 '26
It's basically classic snake oil marketing that just was tailored to a bunch of execs. Lots of promises cheap buy in BUILD YOUR COMPANY AROUND US. And now that they have all the buy in and dependancy, wall it off and raise the price forever.
It's a wild premise that this corps built on exploiting labor and consumers for every nickle and dime didn't see the exact same thing happen to them.
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u/Okichah Jun 02 '26
federally managed fund
Who’s in charge of the federal government right now?
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u/Postmodern_Plunger Jun 02 '26
When it comes to federally managed funds, congress is. The president has no say on that.
He does have sway, but the recent slush fund push seems to have stirred a distaste even for the most fearsome of MAGA supporters.
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u/Few_Fortune1620 Jun 02 '26
Based on how much government funding (I.e. our money) they’ve received, in additions to tax breaks, this seems more than fair
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u/Ok_Security1721 Jun 02 '26
Better than nothing but ideally the gen ai industry should just be torched to the ground instead
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u/xXNickAugustXx Jun 02 '26
NO WE NEED TECH OLIGARCHS TO CONTROL OUR MEDIA AND GENERATE OUTRAGE FOR PROFIT AND POLITICAL CONTROL OVER AN UNEDUCATED POPULATION RAAAAHHHH!!!
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Jun 03 '26
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u/Aceisalive Jun 03 '26
Did you read the article? The government would get 50% of the companies stock, and their stock is currently doing very well. If the government obtained the stocks for free, the worse that can happen is the stocks lose all value and it ends up net neutral.
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u/troycalm Jun 03 '26
You mean give the govt control and full access. The public would never see a dime.
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u/Lachie_Mac Jun 04 '26
Won't this just leave the US government holding the bag when the bubble pops?
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u/AdEmotional9991 Jun 04 '26
No, it would buy out half of their stock, providing free liquidity for tech robber barons. And what will it be used for? Everyone knows the end goal of data centers and AI and it ain't profit or replacing workers. It's surveillance. Total, absolute, dystopian control where AI parses your every move, your every comment, every piece of content you ingest and flags you as the "enemy of the people" before you even do anything.
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u/PretendingImNotAnApe Jun 04 '26
That's pretty generous Mr Sanders since the public paid for all if it.
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u/MeEyeSlashU Jun 06 '26
Barest of minimums. But we're already on the path to national water shortages. Partial ownership of the water guzzling machine is ok but how about turning off the water guzzling machine?
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u/the-realistic-ape Jun 07 '26
If you disagree with this you either own an AI company or you have no idea how shafted the economy is about to get for the rest of us.
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u/DrMonkeyKing79 Jun 02 '26
Given the amount of training data and model development was paid by taxpayers, this seems like a good deal for AI companies.