Posted on 06/07/2026 8:42:20 AM PDT by Callahan
President Donald Trump said on Friday that he is talking with the leaders of the largest artificial-intelligence companies about having the government acquire “pieces” of their firms.
It could prove to be among the most significant federal interventions in the private sector in modern history.
The president’s comment confirmed NOTUS reporting that he has been discussing the idea with tech executives for more than a year. He said he is aiming to invite “all of them” to the White House as soon as next week.
Sam Altman, the CEO of OpenAI, has talked to Trump about having shares of AI companies, including his own, voluntarily ceded to the government. The resulting investment could yield dividends that would be paid out to the American public through the government.
“There’s so much money, it’s so big. There are concepts where pieces could be given to the American public where the American public essentially becomes a partner with the companies,” Trump said. “The American people can benefit from the success of AI — and if they do that, they’re going to like it better.”
(Excerpt) Read more at notus.org ...
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
How CCP-ish.
It reminds me of the early 30s when you had people looking at Germany and Italy and thinking that sort of government is the way to go. Mind you, this was before Mussolini and Hitler started showing their teeth. But a lot of people were impressed with what the Nazis were doing in the early days, even FDR envied them.
Keep in mind that almost all Tech companies are heavily invested BY the CCP. ‘Ell, even Google and YTUbe are owned by the CCP via Alphabet.
AI has disruptive potential, if for no other reason than politicos will “invest” like they did in Solyndra. Corrupting AI will be like what was done with Twitter to block discussion of WuhanFlu, etc.
Partial Gov’mt ownership at the outset MIGHT at least give the Fed some opportunity for insight and transparency.
Yes all the same arguments for adopting Fascist methods in the 30s, “If we don’t do it, they will.”
Just what we need,,,,,,much more government involvement into an industry that involves much more lack of privacy…./s
We complained about bailing out the banks and now we’re going to bail out AI companies? If I want to gamble on AI, I’ll do it myself.
I look at these AI companies and I just don’t see how they are sustainable.
This is “Creative Destruction” on steroids.
The federal government acquiring parts of companies? What the heck is Trump thinking? The federal government ruins everything it touches.
The only exception might be the US Marines.
50 percent stake in 2 companes that lose money hand over fist? Such a deal.
> Keep in mind that almost all Tech companies are heavily invested BY the CCP. <
Simple solution. Designate certain US companies critical industries. Majority US ownership only. And don’t let the ChiComs get away with setting up shell companies.
Ahhh…. Good ole Fascism. That’s worked so well in the past. Y’all tired of WINNING yet?
Time to admit Globalism is a disaster and Economic Nationalism is the way to go.
Money has no loyalty to any flag.
Simple solution. Designate certain US companies critical industries. Majority US ownership only. And don’t let the ChiComs get away with setting up shell companies.
He’s not happy unless he’s doing deals.
government ownership of industry is the textbook definition of fascism.
if this step with AI is necessary for American national defense, okay. But otherwise I have to oppose more government take-overs and control over society and individual citizens in society. In the general case, we need to be reducing government interventions, controls, and restrictions on citizens’ liberties. Not increasing them.
The absurd part of this is that some folks around here think the nationalization of industry is a fine thing. And yet they don’t realize that one of the fundamental aspects of fascism’s economic policies was the government picking winners in industry.
So, when “they” call MAGA fascist….
Republican socialism is still socialism.
”Paid out…………….through the government..” 🤣🤣🤣
These ‘dividends’ will just be absorbed by the Treasury and disappear.
The real reason to do something like this - - is so American taxpayers will be on the hook to fund any BAILOUTS.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.