The proposal targets AI startups exceeding $200 million in revenue
Bernie Sanders introduced a bill to seize 50% of any AI startup that crosses $200M in revenue.
The same anti-prosperity bloc spent the year trying to ban startup acquisitions, blocking the only exit 85% of founders ever get.
This is a war on building startups in America.
Many users strongly opposed Bernie Sanders' proposal for a 50% public stake in major AI companies, equating it to communism or asset seizure and personally attacking Sanders as an idiot or enemy of the US.
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AP reports on the $200M sales level
Asset seizure is evil. My grandparents and parents generations came to America to flee asset seizure and this ideology. We came here to build prosperity.
An America that still builds is worth defending.
https://ca.finance.yahoo.com/news/ap-exclusive-bernie-sanders-unveils-200130345.html
Bernie Sanders introduced a bill to seize 50% of any AI startup that crosses $200M in revenue.
The same anti-prosperity bloc spent the year trying to ban startup acquisitions, blocking the only exit 85% of founders ever get.
This is a war on building startups in America.
@garrytan Founders take all the risk.
If It doesn’t work out: Govt taxes you still
If it works out: Govt tax + 50% stake
@garrytan bernie x yc interview would be bomb
think of all the hippies that go on to found unicorns?
@garrytan What on earth?? Let’s destroy everything good. We don’t need foreign enemies when we have enemies within!
The Dems are saying the quiet very loud. They want to own, the value we create.
•They want to own our companies •They want to own our property •They want to our assets (CA "billionaire tax")
You gotta hear this. Meet Cea Weaver. She works for... (wait for it).... Mamdani. 👇🏻👀
@garrytan How would you justify being a Democrat at this point?
@Seanfrank @garrytan Fortunately, @SenSanders’ follow through is the only thing worse than his ideas.
@garrytan so if said AI company crash the public lose 50% of their investment ? is that how that works or ?
Some ideas aren't designed to survive contact with production. They're designed to be compost: absorbed, metabolized, and carried forward by whoever was close enough to be changed by them...
Bernie may not be the execution layer. But the community he trained often is.
The whole base is static HTML however.
@fractalshapes @garrytan Taxing more fortunate will never change anything for the lower class. Never has and never will.
@sunofwisdom @garrytan Seize, not invest.
@garrytan Seize from the successful to the point that everyone can be deterred from being successful.
@garrytan Bernie apparently wishes the USA lost the Cold War. How does he win any elections?
@garrytan Remember when everyone said they were an ai company…
Fastest backtrack ever if this goes through
@space_sloth We beat Saikat in SF and Steyer in California
There are ways
@garrytan 🤦♂️ what a preposterous idea… someone takes all the risk and then has to give up HALF the reward? 💩
What would you propose as a means to help people that may suffer from Ai taking over the job market?
@AshCrypto @garrytan 💔😢
@garrytan Shouldn’t ownership be based on level of contribution?
These AI models would be worthless without being trained on the collective output of humanity.
Having all AI ownership concentrated in the hands of Silicon Valley technologists is absurd IMO
@garrytan Thanks for bringing this is our attention @garrytan
Let's make sure people are educated and that the American people can truly choose what kind of future they want in this country.
@danprimack This debate was inevitable
