From Newsgroup: soc.culture.bulgaria

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If the Markets Reject OpenAI and Anthropic, the US Should Nationalize Them
This essay was written with Nathan E. Sanders, and originally appeared
in The Guardian.

OpenAI, and then Anthropic, were each formed by AI developers who
feared unrestrained corporate AI developmentrCospecifically, that
companies like Google and Meta would steer the technology towards
deleterious, maybe even catastrophically unsafe, outcomes for society.
Their founders proclaimed that their new labs, uniquely, could be
trusted to develop the technology in humanityrCOs best interest. But
each, in turn, were themselves co-opted by the same market incentives, themselves becoming corporate behemoths zealously guarding future
investor value rather than the public interest.

It was only a few weeks ago, in June, when OpenAI and Anthropic each
filed for their IPOs and were met with buzz about trillion-dollar
valuations. The hype around their valuations is so extreme that many
worry about their potential for concentrating wealth on a global scale.
In an effort to leave something for the rest of us, some observers have proposed that the federal government seize a share of these companiesrCO
stock to create a US sovereign wealth fund, or redistribute their
revenues to produce a dividend for taxpayers.

rCa

https://www.schneier.com/blog/archives/2026/08/if-the-markets-reject-openai-and-anthropic-the-us-should-nationalize-them.html
--
the lunatics are in my head ...

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