Skepticism grows over Silicon Valley's AI "public wealth fund" proposal
By
Peter Certo
Summary
The article critiques Silicon Valley AI billionaires, particularly Sam Altman of OpenAI, who are pushing for a federal "public wealth fund" that would allow citizens to invest in AI. The author is skeptical, framing this as a potential bailout scheme that asks the public to share in the upside while ignoring the downside risks of AI development. The piece questions whether the public will also be expected to bear the costs and negative consequences of AI.
Source
bskySkepticism grows over Silicon Valley's AI "public wealth fund" proposalotherwords.orgKey quotes
· 2 pulledThey say they want the public to 'share in the upside' of AI. But what about the downside?
Tech titans like Sam Altman of OpenAI are pushing the federal government to create a 'public wealth fund' to let us commoners be investm
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