There is no “investing”, they stole the IP so they owe the People a 50% stake. If the whole company is only worth $100 in a year then the American people will get to split the last $50 amongst ourselves, not be on the hook for bailing out yet another failure.
My question is if there’s a stake to be had in the first place. We can’t keep absorbing their failures like we did X and xAI through the SpaceX Nasdaq scam. We need a stake without assuming the risks. The public already had the IP and are under no obligation to accept risks assumed by a bunch of entitled rich guys.
I guess “stake” is only meaningful when it’s defined as profits and not losses, since the public never agreed to the risks of potential losses and the billionaires are just stealing IP.
IDK what exactly you’re not understanding but I suspect it’s the difference between a gift and a purchase. The US will not be purchasing this 50% stake in OpenAI with additional money. It will be free. It was technically paid for with all the (not public) IP they used to create these models in the first place.
When you get something in return for nothing, that something is always a positive value even if it’s just a fraction of what it started as.
Bernie talking about that is interesting context but I wouldn’t expect the Trump admin to do anything similar to what he wanted with this anyway. 50% would be a terrible thing if it meant these goons get control…
lol Bernie was talking about 50% and their counter is apparently 5%. What’s say we meet in the middle with… oh, 55%? (math by ChatGPT)
It’s a bad investment. Not an investment at all. Wait until they shit the bed, destroy the economy, and seizse the assets.
There is no “investing”, they stole the IP so they owe the People a 50% stake. If the whole company is only worth $100 in a year then the American people will get to split the last $50 amongst ourselves, not be on the hook for bailing out yet another failure.
My question is if there’s a stake to be had in the first place. We can’t keep absorbing their failures like we did X and xAI through the SpaceX Nasdaq scam. We need a stake without assuming the risks. The public already had the IP and are under no obligation to accept risks assumed by a bunch of entitled rich guys.
I guess “stake” is only meaningful when it’s defined as profits and not losses, since the public never agreed to the risks of potential losses and the billionaires are just stealing IP.
IDK what exactly you’re not understanding but I suspect it’s the difference between a gift and a purchase. The US will not be purchasing this 50% stake in OpenAI with additional money. It will be free. It was technically paid for with all the (not public) IP they used to create these models in the first place.
When you get something in return for nothing, that something is always a positive value even if it’s just a fraction of what it started as.
Bernie talking about that is interesting context but I wouldn’t expect the Trump admin to do anything similar to what he wanted with this anyway. 50% would be a terrible thing if it meant these goons get control…