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OpenAI proposes 5% government equity stake to share AI profits

OpenAI CEO Sam Altman has proposed giving the U.S. federal government a 5% ownership stake in the company, a move that could be worth over $42 billion based on OpenAI's current valuation. This proposal, aimed at allowing the public to share in the economic benefits of AI, has drawn mixed reactions from both political parties. The idea is presented as a potential model for a U.S. sovereign wealth fund, drawing inspiration from the Alaska Permanent Fund, to ensure long-term public benefit from AI's growth. AI

IMPACT Could establish a new model for public participation in AI's economic gains and influence government policy.

RANK_REASON Proposal of a significant equity stake in a major AI company to the federal government. [lever_c_demoted from significant: ic=1 ai=0.7]

Read on Forbes — Innovation →

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OpenAI proposes 5% government equity stake to share AI profits

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · James Broughel, Contributor ·

    Washington Should Take OpenAI’s Equity Offer

    OpenAI wants to give Washington 5% of the company. Critics cry socialism, but an Alaska-style fund built on contributed equity is a deal Congress would be foolish to refuse.