Knowing that the US government and these evil companies are already working together and have each other’s backs I can not imagine they will allow simply handing over 50% as Bernie suggests.
My guess is it sounds more positive and harmless when it’s suggested by the man of the people, and fighter of oligarchies.
He is priming the public.
After some debates and discussions I see the final result being that wealth fund INVESTING and BUYING 50%.
And even then Bernie will sell it as a great deal.
He talks about “the trillions of dollars potentially generated by A.I. are used to improve the lives of all of us”
Of course the reality is there are no profits, on the contrary, they have massive debt.
Billions invested and for little return.
Plenty experts say stock is highly overvalued and the AI bubble will burst, another 2008 disaster waiting to happen.
If they want to sell now it means the stock is at his highest price and that crash is not far.
Dumping 50% of that stock on the taxpayer will make some rich people even more rich and the public will be left holding the (empty) bag.
It wasn’t his idea.
https://www.whitehouse.gov/presidential-actions/2025/02/a-plan-for-establishing-a-united-states-sovereign-wealth-fund/ https://techcrunch.com/2026/04/06/openais-vision-for-the-ai-economy-public-wealth-funds-robot-taxes-and-a-four-day-work-week/
Knowing that the US government and these evil companies are already working together and have each other’s backs I can not imagine they will allow simply handing over 50% as Bernie suggests.
My guess is it sounds more positive and harmless when it’s suggested by the man of the people, and fighter of oligarchies.
He is priming the public.
After some debates and discussions I see the final result being that wealth fund INVESTING and BUYING 50%.
And even then Bernie will sell it as a great deal.
He talks about “the trillions of dollars potentially generated by A.I. are used to improve the lives of all of us”
Of course the reality is there are no profits, on the contrary, they have massive debt.
Billions invested and for little return.
Plenty experts say stock is highly overvalued and the AI bubble will burst, another 2008 disaster waiting to happen.
If they want to sell now it means the stock is at his highest price and that crash is not far.
Dumping 50% of that stock on the taxpayer will make some rich people even more rich and the public will be left holding the (empty) bag.
It’s a pre-emptive bailout, nothing more.