50% might have been a fair cut if they actually asked for permission up front,but they didn't. Everything made by AI is fruit if the poison tree and should be something equal to public domain.
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50% seems very low. They created these companies by scraping and pirating information.
50% means that they just need to fool a few people to get what they want. Imo it should be more like 90% public with a requirement that all services must be provided for free.
I forget how pro state people are on here sometimes. Is no one concerned what the fascist government will do with that stake?
The fascists currently own that stake anyway, what's the difference?
I mean they own way too large of a stake but a big portion is mutual funds currently. If we just transfers the fascists stake to the government it'd be a wash to me
americans arent being honest with themselves about how bad the state of their nation is in.
But our amazing big brother is gonna take care of us all! They only want what's best for billionaires! I mean Russia! Crap no best for America! That's the word!
ai doesn't make money so this is a bailout for a piece of junk. the amount of people here that think this will work out is fuckin incredible.
Nothing in the legislation reads as a bailout, the government would unilaterally take 50% stake and the associated voting power. The American public is no worse off if it doesn't turn a profit or gets liquidated.
The bailout would happen when the conservative vultures circle. "We can't let them fail, that would devalue the American portfolio (never mind that this bailout is 2x any value that could ever be gained back)"
check my math:
0.5 x 0 = 0
If this ever passed, I bet we’d see a pretty quick devaluation in these things.
I'm okay with that. The bubble is going to burst eventually.
Tax the tokens
Every country
Every token
100% AI Tax
Just ban running them on a loss. Maybe even ban running anything at a loss in order to curb competition, etc.
Kurt Vonnegut's "Player piano" nailed it in 1952:
Automation makes factories more efficient, tax that efficiency and give it back to the displaced workers.
Of course, since then, we've been doing nothing but lowering corporate taxes...
Corporate taxes? Is that like military intelligence?
Getting there...
You know, when the government takes your money and gives it to corporations... corporate taxes!
I think that’s a traditional part of anti-monopoly laws, shame nobody enforces those anymore
Anti-monopoly laws have been problematic to enforce since their inception, because their targets are often as powerful as the government that might dare to regulate them.
Funny - bis Argument is : ai is built in human collective knowledge thus wie should participate in the profits and ... Give it all to americans
Dont get me wrong i like the sentiment - but seems like it comes down to - ai was built by THe collective knowledge of all humans - the profits should go to all americans
I mean however unlikely this law is to pass it would be outright impossible if the idea was to take 50% of AI profits and then somehow mail checks to every person on earth, even outside of the country doing the profit distribution
Other countries are free to do that for any LLMs developed in their own jurisdiction.
I wonder if this is some sneaky way to make sure they aren’t bailed out by the public when the crash happens. The companies will revolt against this. And then when they coming running for a bailout we can just say “well you didn’t want to be publicly owned”
To give the government a 50% stake. I know the government is the public in some sense, but still.
I see plenty of objections, many from people who probably know much more about AI and US law than myself, but if what I interpret is accurate I’m trying to find flaw with it, given what’s confronting us with AI and its management.
I don’t see anywhere where the US government would be buying or bailing anything out, at least not upfront anyway. There’s no doubt to me these companies have stolen much, so they owe the public back for that. There’s no doubt to me those that run these systems aren't working in the US public’s interest, so the question of whether regulating or offering public protections should happen isn’t hard for me. That of course implies good governance, not what currently exists, which is a problem.
As I said I might be missing a lot, not being American or an AI user, but yeah aside from who is in charge currently I only see benefit here.
As I said I might be missing a lot, not being American or an AI user, but yeah aside from who is in charge currently I only see benefit here.
It hurts the profit margins by benefitting the public, so it will fail. A snowball has a better chance in Hell than this bill has to pass.
50% sounds fair
No.
100% is fair.
They stole every bit of what they used to build this shit sandwich.