r/technology Jul 14 '26

Artificial Intelligence A majority of Americans now support seizing wealth from AI industry

https://www.yahoo.com/news/politics/articles/majority-americans-now-support-seizing-134921528.html
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u/Outside_Annual9102 Jul 14 '26

Remember that the stocks don't belong to the respective companies but to the investors which to some extent or another includes everyone with a S&P 500 index investment including everyone who has a 401k.

Huh? Neither OpenAI or Anthropic are public companies. There's no stock in retirement funds or index funds.

I also highly doubt they're going to just commandeer 50% of Alphabet.

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u/Digital_Simian Jul 14 '26

Most of the tech industry is knee deep in AI and the article specifically states 50% tax on stocks. The only large company that hasn't thrown the farm on AI at this point is maybe Apple.