tech
Trump gets OpenAI to offer US 5% stake, far lower than Sanders' target
Insiders say Sam Altman is in active talks with the Trump administration.
TL;DR
- OpenAI CEO Sam Altman is in talks with the Trump administration about the US acquiring a 5% stake in the company.
- Altman believes a public stake is the best way to share the upside of AI, amidst growing public concern and negative sentiment towards AI.
- Senator Bernie Sanders proposes a much larger public stake through a 50% tax on leading AI firms, estimated to yield $7 trillion.
- Sanders also suggests a bipartisan commission to oversee AI decisions and protect the public.
- Current discussions suggest OpenAI and other firms may face negotiations with Sanders over public stakes and safety regulations.