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VetOfTheSeas@discuss.online to Work Reform · 3 days ago

A Majority of Americans Now Support Seizing Wealth From AI Industry

www.yahoo.com

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A Majority of Americans Now Support Seizing Wealth From AI Industry

www.yahoo.com

VetOfTheSeas@discuss.online to Work Reform · 3 days ago
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"AI sovereign funds are seen as a tool to distribute the gains from the AI industry back to broader society."
  • Jankatarch
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    3 days ago

    “Seizing” just means “not giving copius amounts of tax cuts” nowadays.

    • BillyGruff82@lemmy.dbzer0.com
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      1 day ago

      Nah, they need bag-holders too.

    • chicken@lemmy.dbzer0.com
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      3 days ago

      The specific text of the survey:

      legislation that would require artificial intelligence companies to transfer 50% of their stock to a fund owned by the American public

      • Jankatarch
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        3 days ago

        Oh that’s actually REALLY cool news.

        • msage@programming.dev
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          2 days ago

          No it’s not.

          Public will be left holding the bag.

          Those companies are bleeding money everywhere, as soon as it hits open market they will crash and burn.

          Let the rich keep those ‘’‘‘assets’’‘’. It’s all stolen anyway.

          • BlaestEgnen@feddit.dk
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            2 days ago

            The text doesn’t read buy, it reads transfer. Basically force all AI companies to issue one extra share per share currently held and handed over to the fund.

            Assume they could be non voting shares, but have them be paid the same dividends as other shareholders

            But I don’t get why this would be preferred to increasing capital tax or company taxes

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

  • All workers must be paid a living wage for their labor.
  • Income inequality is the main cause of lower living standards.
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  • We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

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  • Better worker representation, including but not limited to unions.
  • Better and fewer working hours.
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  • Organizing and supporting political causes and campaigns that put workers first.
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