With Trump mulling stakes in big AI firms, will the tech become a public utility?
Questions remain about the ways a government shareholder may exert its influence in the sector
Add BT as a preferred source
[LONDON] Left-leaning US Senator Bernie Sanders and Republican President Donald Trump have found a surprising common ground: The US government should take stakes in artificial intelligence companies, so that the public could share in the rewards.
Investors are getting giddy about upcoming public share sales by the AI boom’s leading names OpenAI and Anthropic.
However, more than a little anxiety exists about the ways the government is coping with potentially seismic changes to the economy and society from the rapid automation of both white-collar and blue-collar jobs.
TRENDING NOW
Asia-Pacific aviation: is up really the only way?
Russia’s ‘pivot to Asia’ takes a turn as it prioritises ties with isolated regimes over bigger economies
Why disciplined stewardship matters when managing wealth in uncertain markets
More than 15,000 sign up for national accounting body’s AI programme in two months
