NO.
This is just a set up to make taxpayers bail out this shitty industry when the bubble pops.
Also a way to help kill the copyright lawsuits against these terrible companies.
Hell no. Make them pay and let them die.
The democratic socialist introduced a bill to require AI firms making < $200M annually to pay a one-time tax of 50% of stock, creating a sovereign wealth fund for taxpayers.
“The principle is simple: When a public resource generates wealth, the public should share in that wealth.” trib.al/DLdaszR
Greg Pak
The Vermont senator wants to create an AI sovereign wealth fund—with an annual public payout.
