Pennomi

Yes, and if they do go up, that would actually benefit the citizens, because they are publicly owned. I’m not sure why this is hard to understand? The only difference is that it’s not owned by tech oligarchs.

In what way is a tax a purchase? It’s ownership but not purchase.

The government, on threat of imprisonment, says give us your stock. No money changes hands, only the AI companies lose.

Oh no doubt, the industry is very, very sick. Incestuous even.

In the other hand, there’s very little downside to a 50% tax on all AI companies. It’s not an investment so there’s no chance of losing your nest egg.

Nobody is purchasing the shares here, it’s a tax.

Yes, that’s how national organizations work. It’s not like some random VC firm that privately owns the stock. It’d be owned by the nation, and the directors would be required to pay dividends to the public on those profits.

This is basic sovereign wealth fund stuff.

He’s calling to tax 50% of all the company shares in AI, making it a public benefit.

Eventually you’ll be able to walk around invisibly simply by not carrying a phone.